AUD/NZD looks to be heading into big picture weekly resistance. Zoning down to a 3 hour chart to look for tighter entries I found these two zones. Higher zones usually work best and with these two being almost on top of each other, it's probably best to scale in 50% at bottom line while the other 50% in between the two zones. Looking for a 3:1 profit target at least on this.
Trade active
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Price has reached both my entry zones. Has potential to come down to 1.0750 but this is an aggressive trade so profit taking will be more aggressive as well.
Trade closed: stop reached
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Stopped out on this trade. Will be looking to take the next zone above if price is able to reach there.