FX:AUDNZD   Australian Dollar/New Zealand Dollar
81 1 0
I was stopped in tonight when the rate broke above the channel. However, it is a little bit dangerous as a rate above this channel is considered as overbought. But as we broke through the WMA 100 and the falling resistance line as well I take this risk and look forward to another little rise.
I closed the position at Zero.
I'm still convinced that the AUD will rise, but it will take some more time as the downtrend is still prevailing.
I am afraid of a 50 Cent setback ahead of another move up.
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