Leo-btm

AUDNZD, Breakout from the range

Short
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
AUDNZD / 1D

Hello traders, welcome back to another market breakdown.

AUDNZD has broken down from the trading range where traders look to buy low and sell high, but once the range is broken, there is a high probability the current direction will have a follow through.

Good place to long again is around S/R level after getting confirmation on lower time frame.

Trade safely,
Trader Leo.

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.