Hello Traders!
Another Fx idea!!
NZDUSD had mitigated a strong demand zone on Friday. I completely missed the setup but i have my eyes set on the following.
As you know, AUD and NZD correlate heavily! If you look at AUDUSD, that pair also had mitigated a strong demand zone as well.
The fact that GOLD and AUD correlate a lot, i believe this demand (and the demand on AUDUSD) is a very strong one!
I will be taking the trade after i see a confirmation setup. But, this trade can be "set n forget" as well.
Happy and safe trading!
Until next time!
Another Fx idea!!
NZDUSD had mitigated a strong demand zone on Friday. I completely missed the setup but i have my eyes set on the following.
As you know, AUD and NZD correlate heavily! If you look at AUDUSD, that pair also had mitigated a strong demand zone as well.
The fact that GOLD and AUD correlate a lot, i believe this demand (and the demand on AUDUSD) is a very strong one!
I will be taking the trade after i see a confirmation setup. But, this trade can be "set n forget" as well.
Happy and safe trading!
Until next time!