Divergence between the price of the AUDNZD and the MACD indicator near the Support at 1.05600. If it's rejected again, I think the price will look for the 200 period MA.

My strategy:
  • Initial Risk/Profit Ratio: 1:2
  • BUY LIMIT 1.05600
  • TP 1.06200 (once near change to trailing stop looking TP near of 200 period MA)
  • SL 1.05300


Good trading! ^_^
AUDNZDChart PatternsTechnical IndicatorsLONGrookieTechnical AnalysisTrend Analysis

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