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ahmed.barakat1
Jan 5, 2015 4:45 AM

TECHNICAL ANALYSIS (AUDNZD) PAIR 05/01/2015 Long

Australian Dollar/New Zealand DollarFXCM

Description

hello every one long time no trades because of the holidays. the RBA president stressed that the AUD value is “too high” in the last meeting for the Australian center bank. However, there will be a chance to correct the market from this huge drop.

As you can see in the picture above I am setting three targets to reach the 0.382% Fibonacci .

Buy at ————————> 1.0530

Stop loss at ———————-> 1.0420

Take profit 1 at —————————–> 1.0655

Take profit 2 at —————————–> 1.0755

Take profit 3 at —————————-> 1.0855



Good hunting !!

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