AdamHeng

Long AUDNZD after MACD and RSI show weaken sign

Long
AdamHeng Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
1
The weakening sign observed in MACD and RSI and price may retract back.
Idea to long AUDNZD at 1.0436
Stop loss set at slightly below pivot S1 support line, 1.0373
Target 1: 1.052 (R/R: 1:1.5)
Target 2: 1.0592 (R/R: 1:2.7)
Comment:
Target 1 achieved. Entering into consolidation zone.
Comment:
Passed the consolidation zone and approaching to Target 2.
Trade closed: target reached:
Target 2 achieved

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