AUDNZD short trade
AUD and NZD has become de-correlated, combine that with resistances on AU and divergence on NU, signaling a downward move. If more conservative, wait to break 1.08642.
TP: 1.07423
TP: 1.07423
Note
SL@ 1.09560Note
With resistance rejection, this is a very safe trade if entering now @1.09193 with SL @1.09560, TP: 1.07423.Note
TP1@ 1.0820Note
TP2@ 1.07423Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.