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dnsmith
Feb 17, 2019 1:17 AM

AUDNZD Well and Truly Oversold Long

Australian Dollar/New Zealand DollarFXCM

Description

The one trade this week which identifies the biggest RR has to be AUDNZD.

AUD is at the bottom of the 4 hour channel and is very undervalued.

An easy entry here will be a scaled in approach, as price moves through the price points - add more longs.
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