I believe AUD/NZD is currently showing bullish signs and could continue to move higher. The price seems to be gaining strength, and I expect it to reach the 1.0870 level soon, which is about 50 pips above the current price. If the upward momentum continues, this target could be hit soon.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.