AUDNZD Forecast - is Bearish/Sell!
Updated
Dear traders,
Here is your AUDNZD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the AUD stands at “1”, and the NZD stands at “3”, meaning that the NZD is stronger than the AUD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st BUY Liimit is placed at 1.0728 (with a 1% risk position size)
Our 2nd BUY Liimit is placed at 1.0762 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 1.0488
Our Stop Loss is placed at 1.0803
This is a 200 PIPS trade - Risk Reward 1:5
Chart Timeframe; H4
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Trade Smartly.
Here is your AUDNZD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the AUD stands at “1”, and the NZD stands at “3”, meaning that the NZD is stronger than the AUD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st BUY Liimit is placed at 1.0728 (with a 1% risk position size)
Our 2nd BUY Liimit is placed at 1.0762 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 1.0488
Our Stop Loss is placed at 1.0803
This is a 200 PIPS trade - Risk Reward 1:5
Chart Timeframe; H4
Thank you. Like & Subscribe.
Trade Smartly.
Note
CORRECTION: According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the AUD stands at “1”, and the NZD stands at “3”, meaning that the NZD is stronger than the AUD, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st SELL Liimit is placed at 1.0728 (with a 1% risk position size)
Our 2nd SELL Liimit is placed at 1.0762 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
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