AUDNZD has been bullish since the end of december. The correction seen past few days looks like it's ending so I try to catch the next swing to the second resistance.
SL under the swing low and 2% risk reward looks good :)
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AUS CPI data is out, 8.4% vs 7.6% forcast (y/y), huge gap. Very good for aussie dollar, the pair has jumped already.
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Closed this morning, +1.7R
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As it was a big upside move on cpi news, I prefer to take my profits before there is a correction of the news
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