AUDNZD will hit 1.1 resistance

Australian Dollar/New Zealand DollarFXCM

Description

⋅ May 12, 2015 8:41 PM

Dear traders,
AUDNZD is going up with such convinction that it will certainly touch 1.1 but then what?

Between 1.1 and 1.13 there is a lot of noise and we can play mean reversion after the first bearish sign on a 1D candle.

Cheers
R