DAdepa

AUDNZD...SELL (119 PIPS)

Short
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
With a RR of 1:4, i'm looking for a perfect short on AUDNZD.

technically, AUDNZD is currently in a bearish market. Looking at previous high from 16th Jan's Asian session, AN fell from the top and bounced back getting to the end of the week. On the Day TF, you could see AUDNZD retraced from thursday's low and retested the 61.8% fibo mark.

You could clearly state that, AUDNZD is currently trading in my region zone ( REd Box region)......

NB: I SEE A POTENTIAL 500 PIP SELL, but going out on its first short!!!!

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