Hey Traders, in the coming week we are monitoring AUDNZD for a selling opportunity around 1.09400 zone, AUDNZD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.09400 support and resistance area.
Trade safe, Joe.
Trade safe, Joe.
Trade active:
AUDNZD did retrace successfully!
will be monitoring now the progress closely!
AUDNZD did retrace successfully!
will be monitoring now the progress closely!
speaking about the monetary policy AUDNZD has a decent likelihood to break below 1.09 with RBNZ outhawking RBA