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Johanes
Mar 10, 2019 8:16 AM

JLS: Short AUDNZD Target Zone 1.0650-0.9350 Short

Australian Dollar/New Zealand DollarFXCM

Description

The AUDNZD will continue to break the daily lower of technical chart down to 0.9350 of current interest rate differential target zone estimated to 1100 PIPs.

Short trade of interdays high to low still profitable to look for NZD appreciation by the AUD plus interest rate differential rollover fees.
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