AUD/NZD SHORT

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Hello Traders !


Today we have a nice trading day !

USD is weak and most of the pairs like GBP/USD , AUD/USD are all the way up !

This could be change when US Stock Market will open up .

For today I will bring you this trade, a short idea in my opinion and I tell you why

AUDNZD entered in this low area in November 2018 and stay there, try several times to make a way the break that zone at 1.08800- 1.0700 but without any success.

So as you can see, if you switch to Daily or Weekly TF you can see a solid resistence at 1.07180 / 1.07200, everytime in last weeks when price come to this level, it was rejected, also we have that double top on daily from May.

Personally I will be a seller on this pair at this time and also until the pair will break up the zone from November and also 1.08900.

You can join this trade using next information :

You can entry at 1.07170 and also you can entry now if your appetite for risk is higher or you can wait.

Put your SL at 1.07250

TAKE PROFIT @ 1.06900.
Depends on your entry, this trade can bring you 2+ 2.5 + R/R

Soon I will launch the telegram channel and I will inform you about that and there I will continue my work from trading view and offer live oportunities for you !

Take care and stay safe !

Have a great day and a productive week !


Dagangan ditutup: hentian tercapai
Sorry guys !

Tomorrow will be better for sure !

I hope some of you took some profit also from this trade, even a small part of that !
audAUDNZDChart PatternshighlowtradingTechnical IndicatorsNZDSELLshortTrend AnalysisUSD

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