Long AUDNZD Long

Australian Dollar/New Zealand DollarFXCM

Description

⋅ Mar 6, 2015 11:55 PM

AUDNZD have a demand zone around 1.037 , with several downside attempts being rejected. I´ll try opening longs with SL below that level , on a daily close

Also price formed a bullish engulfing pattern

Lastly , it broke short term descending line

AUDNZD

Comments

Realisto_FX

⋅ Mar 13, 2015 1:05 PM

UPDATE : The pair respected the demand zone with a pin bar signal. Bullish scenario still valid