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meszaros
Jul 28, 2017 9:30 AM

AUDNZD intraday long position Long

Australian Dollar/New Zealand DollarFXCM

Description

We assume that AUDNZD's prise rises. The lift begins with the ATR axle being pulled off. This process is expected to be slow but steady. The first correction level, which is our first target price is 1,07657. Then we assume a reversal correction up to 1,07018. We will again be uplifted to our secondary target price until 1,09148. If the exchange rate is permanently closed under our red line, we close our long position.
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