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deLazyLizard
Sep 20, 2016 8:41 AM

AUDNZD Daily Broken Trendline + Retest Long

Australian Dollar/New Zealand DollarFXCM

Description

AUDNZD Daily has broken higher out of the strong down trend. It has now retested this trend line. Higher structure has been broken creating new highs, currently price is testing the 618 fib level. I've entered a trade long as shown. R:R looks great.

Comment

Clearer 4hr view of break out and retest

Comment

Move SL to BE.
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