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BambooGrowth

AUDNZD - Breakout channel & Long term possible Head and shoulder

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
BambooGrowth  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
AUDNZD
2
0
audnzd
On the daily chart we can see clearly a break of a trend line from May 2016, We have two options to get in this trade. 1. Wait for horizontal support for buy signal 1.0550 or 2. Wait for retest of trend line.

We prefer to get long at the horizontal support around 1.0550, with a stop loss around 1.04000
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