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Snick3rSD
Mar 24, 2024 10:46 AM

AUDNZD - Potential buy from trendline ✅ Long

Australian Dollar/New Zealand DollarFXCM

Description

Hello traders!
‼️ This is my perspective on AUDNZD.

Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. I wait price to continue the retracement and my point of interest for a long is if price rejects from trendline + S/R level.

Fundamental news: Next week on Wednesday we have news on AUD, will be released yearly CPI, which has high impact on currency.

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