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New Zealand Dollar/Australian Dollar

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NZDAUD trade ideas

AUDNZD Shorting opportunity AUDNZD price broke out of the resistance below 1.07840 on the 3H time frame, and the price is tanking continuously and can potentially reach 1.07380. The market is giving an opportunity to risk 1 to make 1.5. This is a good opportunity for short sellers to enter the market. The risk-reward ratio is favorable, and the price is likely to continue to fall in the short term. However, it is important to note that the market is volatile, and there is always the possibility of a reversal. Therefore, it is important to use proper risk management techniques when trading this pair.
Short
by Traderkii
AUD/USD fluctuates above psychology 0.6400AUD/USD extends the loss on Monday, the transaction is around 0.6410 in the European trading session on Thursday. The hite stance of the US Federal Reserve (Fed) on interest rate trajectory puts pressure on the couple. The US dollar index (DXY), a measure of the greener's performance compared to the other six main currencies, has expanded the increase and is trading at the highest level in 6 months of about 105.50 and causing pressure. force this currency.
by Samson-FX