AUDNZD H4
Updated
We see AUDNZD break out of a range (1.0672-1.0728) that has been ongoing for more than a week. However, AUD seems weak so I wouldn't be taking this trade. Sharing it out so that you guys can keep an eye on it
Note
Was indeed a deep retrace. Looks safe to long now, AUD looking bullish with RBA upgrading their inflation outlook. I will not be taking this position, have a long in AUDJPY already.Note
Target should have been achieved
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.