Correlation Trading Idea NZD VS AUD Long

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Jun 2, 2020 11:06 AM

Correlation Trading Idea

As we know, AUDUSD and NZDUSD are similar pairs

Very interesting thing is:
AUD already break May 9th's High
But NZD hasn't
Therefore, NZDUSD will catch up and break that point in the future
We can buy NZDUSD by looking at AUDUSD
Aim 0.6448 / 0.6600

Trade closed: target reached

⋅ Jun 5, 2020 8:40 AM

Target Hit
Close 50% and hold the rest

Comment

⋅ Jun 10, 2020 6:16 PM

Continue Rally!

Comment

⋅ Jun 10, 2020 6:16 PM

Aim 0.6800

Fundamental Analysis

Comments

Prashantjain07

⋅ Jun 2, 2020 12:06 PM

what's your view on AUDUSD . IT' is in over brought zone.

tntsunrise

⋅ Jun 5, 2020 8:41 AM

@Prashantjain07, bullish

Fx-jomic

⋅ Jun 2, 2020 5:38 PM

Don't you think NZD USD is getting weaken!!

DonerKebabTrading

⋅ Jun 2, 2020 11:18 AM

I m long on NZDUSD from the date that you have present that idea on the webinar , thank you so much

Geosy

⋅ Jun 2, 2020 4:59 PM

@DonerKebabTrading where do u watch his webinar?

pimfx

⋅ Jun 2, 2020 11:28 AM

What do you think about euraud,gbpaud, when it start to going up

luthando77

⋅ Jun 7, 2020 5:07 AM

Thanks for sharing it makes sense 🔥🔥🔥

failures91

⋅ Jun 5, 2020 5:48 PM

Thanks for sharing, I learned from it.

SaifurRahman

⋅ Jun 3, 2020 12:40 PM

Nice Idea Jack , I traded by selling AUD/NZD

SA11

⋅ Jun 3, 2020 8:05 AM

nice chk out this