Audnzdshort
AUDNZD potential bounce!
AUDNZD expected to reverse up to 1st support at 1.04866 where it could potentially react and bounce to its resistance at 1st resistance at 1.05317.
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AUDNZD approaching resistance, look out for potential reversal!
AUDNZD is approaching its resistance at 1.04674 where it is could reverse down to its support at 1.04277.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDNZD approaching support, potential for a bounce!
AUDNZD is expected to drop to 1st support at 1.03849 where it could potentially react off and up to 1st resistance at 1.04097.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUD/NZD IdeaHi guys, I'm quite new to all of this so any feedback or improvements would be very much appreciated!
Here we have the pair AUDNZD and as you can see this pair has support at the 1.03163 area, price seems to be rejecting this area yet again. My thoughts are that this pair will now head north to 1.03634 area where it will create a new LH before continuing on its path down, so wait for the move north to finish and then ride it back down with the MM :)
Cheers guys let me know what you think!