Don't miss the great sell opportunity in AUDNZD

8 במאי 2020

Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.0665). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. AUDNZD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.

Take Profits:
TP1= @ 1.0610
TP2= @ 1.0575
TP3= @ 1.0530

SL: Break Above R2