We can expect a bounce here. We have a W1 trendline support and the 0.9500 level to protect our entry Best regards.
Comments
alan.perego
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Hi are you still holding this position?. I am going to left by SL equal but my TP in break even. What do you think? what would yo do?
FullTimeTrader
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hello, i'm holding with a small lot, i am long on the AUDNZD also. I think the trendline can protect us. We had good retail sales for the AUD today and i suspect the rate news will be good also on one hour............
alan.perego
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Thank you for the answer
mustard
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I am not very optimistic about this one.
Last week we saw a very bearish candle form and I would not be surprised to see a retest of the previous double bottom low and the 0.94 level before a potential bounce.