AUDNZD: Long at the Fibonacci confluence

FX:AUDNZD   Australian Dollar / New Zealand Dollar
148 0
Hi traders,

On the AUDNZD we have confluence between the 100% Fibonacci extension of the ABC move (which is a perfect AB=CD pattern) and the 161.8% Fibonacci extension of the ABA move. These two combined can be a very strong reversal point.
Entry: 1.06078
Stop: 1.05875
Target: 1.06565 = R:RR 2.40

Good luck traders!
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