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gpuri
Jul 27, 2014 4:42 PM

AUDNZD Got Rejected by 0.5 FIB in Overbought Condition Short

FX:AUDNZD1D
Australian Dollar/New Zealand DollarFXCM

Description

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High Probability Setup: AUDNZD got rejected by 0.5 FIB in overbought condition on RSI. This also has a confluence of regression channel topping.
Target @ 1.0847
Stop @ 1.10356
R/R Ratio = 2
AUDNZD
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