MatrixBits

AUDNZD mixed movement

Long
MatrixBits Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
4 Hour long to 1.05 to short to 1.03400 long to 1.07

overall a long position to 1.07 to 1.10
Trade active:
Support should be at 1.04 but still seeing strong resistance. Might possibly break 1.04 support but very difficult even on an H4 RSI drop.
Comment:
short entry 1.04300 to 1.03500 possibly.
Trade closed manually:
Trade inactive down trend in progress.

I am only a speculative trader and this is not financial advise on trades.

- If you are losing money close the trade

- Start with .03-.05 units and learn to manage risk

- Don't take profits too early cheers!


MatrixBits
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.