Audnzdlong
AudNzd- change of trend?After touching for 4 times the 1.03 strong support, AudNzd looks like it has broken a H&S pattern visible very clearly on the daily chart.
Now the pair is testing the former resistance (neck-line of H&S) and if it's confirmed as new support the pair could rise towards the next level of resistance at 1.0650 zone.
Looking to buy.
AUDNZD potential bounce!
AUDNZD expected to reverse up to 1st support at 1.04866 where it could potentially react and bounce to its resistance at 1st resistance at 1.05317.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDNZD. The price has gained a good growth rate!Hi subscribers!
2 days ago, the price was at the support level,
now it has moved beyond the key level and is already striving for its targets.
Good luck to you!
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This idea does not provide the financial advice.
AUDNZD is going 1.066 and 1.08 again! BuyAUDNZD is going 1.066 and 1.08 again! Buy
I have posted my buy setup a while ago to buy from 1.037 with stop 1.03 and it tested my stop and made double bottom and up..
So now it tested neckline of double bottom and again tested support of 1.04.. So yesterday it tested neckline support of double bottom 1.0465 and came down but daily 20 ema and 1.04 is giving it support!!! So a move towards 1.066 broken double bottm to test it is very likely and it can even go above 1.08 as well..
There are 2 options to use stop.. 1 stop is under 1.04 and second at 1.03 and go for ride high!!!
AUDNZD approaching resistance, look out for potential reversal!
AUDNZD is approaching its resistance at 1.04674 where it is could reverse down to its support at 1.04277.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.