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JoeChampion
Jun 4, 2023 11:18 AM

AUDNZD Potential Upsides Long

Australian Dollar/New Zealand DollarFXCM

Description

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.
Comments
KronFX
it is very possible to happen, because that break is valid, good job again!
JoeChampion
@KronFX, Sweet!
TheCryptagon
Keep up the good work! Thanks for sharing!
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