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pav4ito
Jun 3, 2019 4:04 PM

AUD/NZD Very Bearish Outlook Short

Australian Dollar/New Zealand DollarFXCM

Description

AUD/NZD portrays a very bearish outlook on almost all timeframes. Monthly, Weekly, Daily, 4H and so on. Also checked the indexes, NZD looks very bullish as it rejected a key weekly trendline, AUD Index broke lows and is now retesting. Furthermore we have Interest Rate news tomorrow which consensus states will drop from 1.5% to 1.25%.
If AUD/NZD breaks above this 4 Hour trendline then the idea is void.

Do not miss this trade!

Use patience and good risk management.

Stay safe traders!

Comment

Trendline Retest

Trade active

Running in nice profit currently.
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