Long Position: Australian Dollar is go up in the demand zone!!!In this analysis that was pending, we see a strenghten of Australian Dollar/ New Zealand Dollar.
In Daily timeframe we see a clear bulls are go back to the demand zone and this is so positie for bulls, becuase bulls are trying with success that bears don't slump the price. The trend is clear bullish!!!
In the H4 timeframe, in the Sunday's yesterday when Forex was open up, there would been a manipulation of the market, and then, this analsyis enfocous in the H4 timeframe show how the short position will been liquidated yesterday if you put any short position, because I was said you in the past week that we need to hope a confirmation, it's very natural to seeing a manipulation of the market, but for that we need to mark my own strategy based of supply/demand.
I put a buy order limit at $1.0826 with a SL at 35 pips and my take profti it's 180 pips, we could see a huge potential of this par within on this week.
For tomorrow, we have the meeting of the Bank of New Zealand about the interes rate, and today we have the Rate Statement of the New Zealand's Central Bank. I dont have a much data of New Zealand's news, because this par is so move for supply and demand, and do you know, this par there's not present specualte news on Forex, becuase Australain Dollar, New Zealand Dollar, Canadian Dollar and Swiss Franc, these currencies don't represent speculate news as US Dollar, Euro or Sterling Pound, these major currencies on the world it's moved with a lot fundamentals and sometimes based in technical analysis.
