juandejager

AUD/NZD PULL BACK TO A POSSIBLE LONG

Short
juandejager Updated   
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
AUD/NZD has been in a bullish trend since RBNZ forecast rate cuts -0.50%, There is a small pullback trend showing ahead.

I don't see it breaking the support levels. It looks like it will break out after the short pullback.

SHORT
Entry: 1.07200
TP 1: 1.07150
TP 2: 1.07100
TP 3: 1.07065

LONG (AFTER PULL BACK)
Entry: 1.07620
TP 1: 1.07900
TP 2: 1.8000
TP 3: 1.8400


Good luck

feel free to comment your views.
Trade active:
Short Price reached 1.06700
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.