Johanes

AUDNZD TARGET ZONE: SELL FOR PROFIT AND TOO RISKY TO BUY

Short
Johanes Updated   
FX_IDC:AUDNZD   Australian Dollar / New Zealand Dollar
THE AUDNZD TARGET ZONE IS THE EXCHANGE RATE TARGET ZONE DIFFERENTIAL OF THE AUDUSD AND NZDUSD. CURENTLY, THE AUDUSD IS STERILIZED TO 0.7400 IN SHORT TERM AND THE NZDUSD IS UNDERWAY TO UPPER MEDIUM TERM BAND. THE RBA AND RBNZ AGREED FOR 1.1125 AS THE UPPER MEDIUM TERM BAND THE ESTIMATED LOWER MEDIUM TERM BAND AT 0.9400 FOR 1725 PIPS MEDIUM TERM EXCHANGE RATE TARGET ZONE, WHILST THE MEASURED CENTRAL PARITY AT 1.0200.

AT CURRENT CONDITION OF MARKET, THE AUDNZD WILL MOVE TO DOWNWARD FROM THE 1.1125 DOWN TO 1.0200 AND 0.9400 IN MEDIUM TERM. ACCORDINGLY, SHORT ON THE TARGET ZONE WITH STOP LOSS MANAGED ABOVE THE UPPER MEDIUM TERM BAND IS FEASIBLE. HIGH FREQUENCY SHORT TRADE IS MORE FEASIBLE BY CONSISTENTLY TO MANAGE THE STOP LOSS AT 1.1200 TO LOOK FOR THE FOLLOWING TRADING OPPORTUNITIES:

SHORT AT DAILY HIGH TO TARGET DAILY LOW BY USING TECHNICAL CHARTS
SHORT AT WEEKLY HIGH TO TARGET WEEKLY LOW BY USING TECHNICAL CHARTS
SHORT AT MONTHLY HIGH TO TARGET MONTHLY LOW BY USING TECHNICAL CHARTS
SHORT AT QUARTERLY HIGH TO TARGET QUARTERLY LOW BY USING TECHNICAL CHARTS
MAXIMUM TARGET 0.9400

Comment:
Comment:
DEEP PRESSURE AND HIGH PROFITABILITY
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