AUDNZD CHANNEL TOUCH 2 OPTIONS

AUDNZD has been in this nice tradeable up channel. Set up is simple overhead resistance is 150 pips higher. We have touch the lower trend line of the up channel so risk to reward ratio for entering a buy here is great.

Good luck. invalid if we break out of the channel to the downside in which you could get a nice sell. Preference is to buy, the trend is your friend!