AUDNZD: Trading Plan Long
Australian Dollar/New Zealand DollarFXCM
Description
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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.