AUDNZD LongAfter a long short, we do interested to see AUDNZD pair making a comeback from the low, but from the 1st week of Dec the selling pressure shows no stop. But currently it at a price of interest where a possible pullback is possible but bare in mind, break of the blue box area might be visiting 1.035 area again. We expect a pull back for this soon.
Audnzdlong
AUDNZD downside break quickly runs into a key stumbling blockThe key support level has been a level that buyers have leaned on for possible pullback.
The strong kiwi flows over the past two weeks have been in AUD/NZD as the pair slides back under 1.05 for the first time since August.
watch price action for possible pullback
AUDNZD LONGHi guys,
We have seen a tremendous downtrend in last couple of days and price has reached to major level of structure from where we see price reacts and we have a nice reversing candle on the 4h chart sitting at bottom suggests a trend reversal for now.
I have gone long and marked tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
Proyección en largo en divisa AUDNZDBuen día para todos los que lleguen a ver este análisis, les presento mi idea sobre este par de divisas.
El mercado me indica que luego de haber roto el banderín formado anteriormente, dando impulsos fuertes alcistas y respetando zonas importantes delimitadas en el gráfico. Utilizando la herramienta de fibonacci le damos cabida a la idea de tomar una posible zona de entrada del 61 al 78% del fibo, esperando que se siga respetando los movimientos de tendencia alcista.
New week first plan: AUDNZDMarket closed with hammer daily candle. it means price wants to test 1.082 again. if we see weakness in that level again, we can open short posision with thigt stoploss and good profit. I personaly put buy stop order in 1.085. because if it breaks the green line, trendline will break too and its start of upward trend.
Feel free to ask questions
Thank you for reading and leave your comments if you like.