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Audnzdlong

AUDNZD-Possible long on the 4hr (confirmation required)AUDNZD has shown an uptrend for approx 3 weeks. Today the sell off has provided an opportunity to jump on the back of this pair. See rationale below: 1) Near term uptrend 2) 100 EMA on 4hr (Red Line) has historically been a good place to buy 3) Indicative trend line drawn (However confirmation required from price action) What am I waiting for? Price to close above 100 EMA then add a long position with this pair. Update will follow if it moves in the anticipated direction, if not continue hunting! Hope you liked the idea! Happy Hunting!
Long
by Piphunter1887
AUSSIE DOLLARWe have entered another long position this morning on AUDNZD. Another pair that sneaked its way into our watchlist which we are happy to try and take advantage of. AUDNZD has consistently been on a uptrend for the past week or so and we are hoping to see a continuation of momentum to reach our Target. our Entry here was roughly around 1.07818 and our take profit zone has been set at 1.08432 which is a total of 60PIPS. Be careful entering this position as price could potentially draw back before continuing. Happy Wednesday
Long
by Forexinsightsuk