Audnzdlong
AUDNZD will reversal Hello traders
In this analysis, the Pending order scenario with SL 16pip follows the scenario
PO at that price is already listed on the chart
TP 1st , 2nd , 3th are already on the chart .
Full target with the assumption of shifting the SL to the target that has been achieved so that if the price changes to Pullback the trader will save profit.
please for reference comparison analysis.
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Greetings Profit
AUDNZD BUY STOP 1.04429dont trade before buy stop, if you get 20 to 30 pips kindly close,its good for investment 2% risks.
if you wanna more pips fully risks for urs.
we are only try to hit baby pips if you like this analysis,please support our idea by hitting the like button and share to ur frnz. we will support start to end trading
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Aud-Nzd, my bullish viewOne currency pair that I find particularly interesting is Aud-Nzd. I state that all my analysis focuses on the Covid-19. Above, you can see the chart with the most significant levels drawn.
At the Reserve Bank of New Zealand's last meeting on 18 August, the Governor stated that the " decision was made in the context of the Government's imposition of Level 4 COVID restrictions on activity across New Zealand ", i.e. the introduction of lockdown in New Zealand. He added that " Today's re-introduction of Level 4 restrictions to activity across New Zealand is a stark example of how unpredictable and disruptive the virus is proving to be ."
Ultimately, " The Committee noted the considerable uncertainty that exists regarding the longer-run impacts of COVID-19, particularly with the emergence of new variants. Globally, periods of health-related mobility restriction are likely to continue for some time, creating ongoing short-term economic disruptions, supply cost pressures, and lower productive capacity ."
Australia had reintroduced the lockdown about a month earlier, with Aud-Nzd dropping nearly 400 pips since then. Now that lockdown has been reintroduced in New Zealand, it is very likely that we will see the currency pair settle at much higher levels than it is now.
As always I leave the stop-loss (and position size) to you and your money management, for the target, I will close most of the position at 1.06900, with the next and final target in the 1.07800/1.08100 area.
Pattern development on AUDNZDA pattern has been developing on AUDNZD in the past few sessions.
Will this pattern continue or will it break?
Sharp selloff has been happening in AUDNZD which extends to 4 to 5 consecutive sessions.
Our probability meter says that this pattern will likely break and we are BUY bias on this pair.
This sell-off has triggered since Mid June 2021.
We will BUY this pair around 1.0415 for 35-40 pips gain.
back going upAUD has been in miserable state in the past few weeks if not months and reaching to the very bottom of the weekly trend line (descending), so it will either break it, or going back up.
My previous trade got stopped out at break even (and then it went down further), I've now re-entered and expecting it to go back up again - and if not, we'll know the south is abysmal.
Trade carefully, Gold and DXY are taking fuels...
GL
AUDNZD 1 DAY Price has flowed down violently !!!AUDNZD 1 DAY Price has flowed down violently. Until recently, ran to kick the support area.
That is quite a chance for the price to bounce back.
Support is around 1.043 - 1.046. Find a buy entry point in this area.
By waiting for the candlestick to close as Bullish first.
SL Below Support
Goodluck Trader
Ton Trader | Tamjai Trader
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seek for long potentialsAUDNZD is at the near bottom of weekly trend line, and has been having some decent buyer power recovery signs on lower time RSI.
I'm expecting a break out today/tomorrow, if not I'll revisit later.
SL: slightly below the weekly trend line
TP: fib based, can be very high, but I will be trailing as soon as it break out above 1.049....
Will close trade regardless by end of Friday.
GL
AUDNZD - LONGAUDNZD is setting up for a long.
The double bottom is at 1.043 area.
The 1.272 reversal of the last swing higher is in the same area.
As of now the market is just above the double bottom and having reached an area of reversal with three confluences.
1. A 1.618 reversal taken from the low on 27/05 to the high 21/06 (red)
2. Market has reached a measured move lower (blue)
3. Market has hit a 1272 reversal of last swing (white)
A long trade now would mean a SL below the double bottom 02/12.