AUD/NZD 2 year head & shoulder

Short

Australian Dollar / New Zealand Dollar (FX:AUDNZD)

FX:AUDNZD Australian Dollar / New Zealand Dollar

AUDNZD aud

audnzd aud

The AUDNZD is approaching a long term technical setup. As seen on the weekly, a two head and shoulder pattern have begun to take place at around the 1.2700 resistance level

AUDNZD
*** This trade is only being considered as a purely Technical setup ***
Trade Summary:
Entry : 1.12000
Stop: 1.19000
Target : 1.0000

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