FX:AUDNZD Australian Dollar/New Zealand Dollar
The AUDNZD has broken out of a corrective structure, following a significant upward move. Will be buying on any pullbacks and targeting the 1.272 fib extension from the beginning of the impulse. This trade is especially valid if we make a significant break of the 1.054 area.
Trade closed manually: Closed manually today @ 1.06. Did not get the fast moving impulse I was hoping for so I just closed today for a nice 100 pip profit. Got lucky that my stop loss was not hit.