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Pika7993

Buy off support

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
Pika7993  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators AUDNZD support Support and Resistance Relative Strength Index (RSI)
2
5
trendanalysis chartpattern indicator audnzd support supportandresistance relativestrengthindex
While AUD is gaining some strength we are seeing bottom support as presented on 1 hr chart.

With trade I will wait to enter with a MACD/SIGNAL 0 line cross. We can sentiment a potential long term trend based off RSI and MACD/SIGNAL sideways movement.

Take profit 1 at 1.07400 and take profit 2 at 1.07700. Stop loss below support.

Please comment with thoughts and ideas. Thank you.
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