Audnzdlong
AUDNZD. Price in the ascending channel.Hi dear friends,
the price of the Australian dollar began to rise in the upward channel,
it happened on March 18.
As soon as the price crossed a key level,
it began to show improved growth rates.
The price will rise to its target,
however, it may not reach the level of resistance.
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This idea does not provide the financial advice.
AUDNZD technicaly based forecast
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💡 AUDNZD technicaly based idea, technicaly indicators showing we can expect higher bulish market continuation, we can see strong bulish candels formation, technicaly expecting to see push in price till FIBO 1
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AUDNZD A POSSIBLE BULLISH MOVEFX:AUDNZD
At daily we had a retracement at a good psychological level, which later created a higher high and right now it is laying at an other support level (retesting it to push higher)and after a good rejection (bullish pinbar) we might open a buy position till next psychological level because that is the level that might correspond at the other side downtrend in which level that the price might retrace again for a bearish move.
We are targeting around 120 pips.
No possibility to post analyse pic because of no pro points
AUDNZD long trade ideaPlan : wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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GWBFX
Long - AUDNZDFX:AUDNZD Seeing a continuation of a buy on AUDNZD. Price is touching upwards trendline which shows another indication in a long position and along with the break of structure made from the previous high. Waiting for a restest of the trendline before entering the position, setting a stop at 1.01208 and first take profit at 1.02996 and second at 1.03845. Hoping for this to play out well at the conclusion of the week.
AUDNZD is trading in ascending channelAUDNZD
This pair is trading in a Ascending channel which is a clear sign of bullish trend.
We can open long positions in AUDNZD at this current level 1.02600
Potential take profit will be 1.03600
Stop lose may placed below the resistance level 1.01900
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