Petr Suchanek

AUDNZD nearing the bottom of prior consolidation

FX:AUDNZD   Australian Dollar / New Zealand Dollar
177 0 0
Since AUDNZD             has been quite weak for a long time and formed a consolidation range,
there is a high potential for a long trade with entry at the bottom.
Now the price has reached a psychological area, if any kind of strenght (higher low,
inside bar , pin bar , etc.) occurs, enter at the retest of 61.8 long with the target at
the top of prior swing.

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