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CarterKyleCapital
Jun 9, 2019 2:31 AM

AUDNZD LONG Swing 1.0450 LVL  Long

Australian Dollar / New Zealand DollarFOREX.com

Description

On the AUDNZD there is a potential LONG position approaching around the 1.0500, 1.0450 & 1.0400 level which are Daily and Monthly Support level. Looking to place a LONG position around these positions when the Stoch RSI is in the BUY zone and a CTL has been broken for a safe position. Looking to Target Daily Resistance at 1.0750 Area. Risk to Reward 1:3.

Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.

Comments
DACapitalTrading
nice analysis! Just published a Setup aswell, let me know what you think mate :)
CarterKyleCapital
@DACapitalTrading, Send me a link and I will look at it
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