Jollymolly

AUDNZD is going 1.066 and 1.08 again! Buy

Long
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
AUDNZD is going 1.066 and 1.08 again! Buy

I have posted my buy setup a while ago to buy from 1.037 with stop 1.03 and it tested my stop and made double bottom and up..

So now it tested neckline of double bottom and again tested support of 1.04.. So yesterday it tested neckline support of double bottom 1.0465 and came down but daily 20 ema and 1.04 is giving it support!!! So a move towards 1.066 broken double bottm to test it is very likely and it can even go above 1.08 as well..

There are 2 options to use stop.. 1 stop is under 1.04 and second at 1.03 and go for ride high!!!




Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.