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JoeChampion

AUDNZD Potential Upsides

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
JoeChampion  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Technical Indicators Fundamental Analysis AUDNZD aud NZD buy LONG Bullish Patterns Technical Analysis Contains image
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trendanalysis indicator fundamental audnzd aud nzd buy long bullish technicalanalysis containsimage
Hey Traders, in tomorrow's trading session we are monitoring AUDNZD for a buying opportunity around 1.08500 zone, AUDNZD was trading in a downtrend and successfully managed to break it out. Currently we are waiting for a correction in order to see a potential retrace of the trend towards more highs. Fundamentally with current inflation issues in Australia AUD is looking attractive for investors as RBA is heading towards further rate hikes.
Trade safe, Joe.
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