AUDNZD
200 SMA is very powerful
If price will breaks the SMA 100 , we can expect the price to moves down till SMA200 1.0700 and then enter the buy trade and keep the position open up to the of 1.0775 and even 1.0840.
Also, if the price breaks the SMA 100 in the current position, we can enter the buy trade again and keep the position open until the tp's.
Open Buy or Sell after confirmation of the return move
200 SMA is very powerful
If price will breaks the SMA 100 , we can expect the price to moves down till SMA200 1.0700 and then enter the buy trade and keep the position open up to the of 1.0775 and even 1.0840.
Also, if the price breaks the SMA 100 in the current position, we can enter the buy trade again and keep the position open until the tp's.
Open Buy or Sell after confirmation of the return move