YProsper
Short

More downside for AUDNZD?

FX:AUDNZD   Australian Dollar/New Zealand Dollar
138 2 1
A retest of 1.108 would warrant a short trade - both targets displayed on chart

We've closed below 1.108 and now are trading below this level.

This pair is definitely on my radar and can go straight in my basket.
Trade closed: target reached: Bit of turbulence initially but we got there in the end bagging over 600pips :D

Related Ideas

Any thoughts on the new rate cut move? I still feel retail trades are crowded on the long side.
Would love any inputs.
Good Luck
Reply
YProsper Hanu727
I'll be honest mate I'm not a news man, I only trade what I see.
Pure technicals.
Sorry bro
Reply
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