FX:AUDNZD Australian Dollar/New Zealand Dollar
I started building long positions in this pair and will wait the follwing week to see how it reacts. My favorite indicator for bottoms ( ) has already crossed the signal on the and the daily is going now the same way. The last low hit right into the 1,27 fib extension of the swing, signaling a possible bottom. This could be the start of a new long upside trend that may last for weeks.
Trade active: Some retrace at 0,5 fib, could be an opportunity to reload.