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tntsunrise
Feb 12, 2015 5:23 PM

AUDNZD MONTHLY LONG Long

Australian Dollar/New Zealand DollarFXCM

Description

NOW TEST 1.0400AGAIN
LONG AND AIM FOR BIG BIG REVERSAL
Comments
kmk.msp
any logic?
Gouyangyang
You don't understand
kmk.msp
If you have please share it. you are sharing your model,
tntsunrise
MONTHLY SUPPORT AT THIS LEVEL. DAILY CHART WE CAN SEE IT RETEST THE 1.0400 LEVEL AGAIN. LOOK AT YEAR 2005 HOW DOES THIS PAIR MOVE.
kmk.msp
there is a policy divergence between RBNZ and RBA, one is neutral while later is more dovish with more rate cut is on the cards, this may cause AUDNZD more heavy. DO you know what on the year what was the policy of these two banks?
tntsunrise
I FEEL THAT NZD WILL DROP MORE THAN AUD DOES. HAHA
kmk.msp
there is a policy divergence between RBNZ and RBA, one is neutral while later is more dovish with more rate cut is on the cards, this may cause AUDNZD more heavy. DO you know what was was the policy of these two banks in 2005?
kmk.msp
tradingview.com/v/2ZN1aMi9/

AUDNZD near completion of WW pattern
tntsunrise

this is a bat pattern in daily chart
Gouyangyang
got it!
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