Correlation Trading Idea NZD VS AUD
Correlation Trading Idea
As we know, AUDUSD and NZDUSD are similar pairs
Very interesting thing is:
AUD already break May 9th's High
But NZD hasn't
Therefore, NZDUSD will catch up and break that point in the future
We can buy NZDUSD by looking at AUDUSD
Aim 0.6448 / 0.6600
As we know, AUDUSD and NZDUSD are similar pairs
Very interesting thing is:
AUD already break May 9th's High
But NZD hasn't
Therefore, NZDUSD will catch up and break that point in the future
We can buy NZDUSD by looking at AUDUSD
Aim 0.6448 / 0.6600
Trade closed: target reached:
Target Hit
Close 50% and hold the rest
Close 50% and hold the rest
Comment:
Continue Rally!
Comment:
Aim 0.6800