Get started
FX-TradingLions

AUDNZD | COULD BE A GOOD BUY OPPORTUNITY

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
FX-TradingLions  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Harmonic Patterns Technical Indicators AUDNZD NZDAUD trading IDEA ideas Forex signals
2
0
trendanalysis harmonicpatterns indicator audnzd nzdaud trading idea ideas forex signals
Hey Traders!

I believe AUDNZD is a great buy for several reasons.

- Overall market direction is bullish.
- 4h Falling wedge for minimum 20-30 pips take profit
- Hedgefund are increasing buying power for AUD while selling off NZD
- Candlestick are above 2 important moving averages.
- There's space for bullish movement until it reaches the first barrier 1.08731 if broken, it will surely continue its bullish momentum further.
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.