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AUDNZD: Trading Plan

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
VasilyTrader  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators Forex trading Technical Analysis aud NZD AUDNZD australiandollar newzealanddollar Currencies
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trendanalysis chartpattern indicator forex trading technicalanalysis aud nzd audnzd australiandollar newzealanddollar currencies
snapshot

good day traders!)

AUDNZD is steadily going down and currently, the pair is approaching the first strong support level 1.05.

on 4H the pair is trading within a falling wedge pattern.
Bullish breakout of it will be a perfect confirmation for us to open a long trade.

Target levels will be 1.058 and 1.065

Stop will be strictly below the LL.

*in case of a bearish continuatino and market close below 1.05, the setup will be invalid.
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