Snehath

2 levels to watch out for on AUDNZD

FX:AUDNZD   Australian Dollar/New Zealand Dollar
Last week we shorted AUDNZD             at 1.0735. Made some money and then it came back to test the high. It was unfortunate we could not short it again as I feel we have missed the boat.

There is a not so nice Gartley pattern at 1.061 level but I also see a 5-0 at 1.0540. Will watch both level for a position to long.

If it goes up to 1.0750 again, i will be very happy to short provided there is a pattern.

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