RlcTrading

Aud/Nzd (Trendline Support)

Long
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Aud/Nzd has been rejecting this trend line for a long time now....

This trendline is a strong support area... Price has also pivoted from this area more than 1 time in the past...

We need a buy signal at least on the 15min time frame on this idea before we can push buy

You can use your own trend indicator from this level at any time frame you decide to buy this pair...

Take Profit areas are marked on the chart...

Please use risk management because it will move all over the place and very slow even if it rejects the trendline and moves up

Thank You!!!
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.