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SteveNixon
Feb 14, 2017 11:55 AM

Weekly Forecast Aussie Kiwi  Long

Australian Dollar/New Zealand DollarFXCM

Description

I've been long on this since the bottom and added to my position as it progressed

It will make a larger degree correction sometime soon so I don't currently see any good opportunities to enter.

It may reach T1 before correcting - anyone who is long on this protect your position by moving your stops as required.

The correction shown on the chart is only indicative and not an attempt to predict the shape or timing of it.

All weekly forecasts will be updated as they develop so remember to follow to receive them.

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve
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