djl317
Panjang

AUDNZD Weekly Look - time to start building long positions

FX:AUDNZD   Dolar Australia/Dolar New Zealand
85 0 8
Here we can see the weekly chart and the AUDNZD             is forming a wedge pattern which could go as low as 1.04. I will start building long positions in the area under 1.056 at key points, my stop will be a daily close break below the triangle.

First target will be 1.075, with a secondary target of 1.09.

See similar idea from BLUE43 for key area's to go long.
Komen: In the buy zone. Could we be seeing sub 1.04? I guess we'll find out.
Komen: Buy limit orders at 1.035 - 1.038. SL 1.033
Komen: Volumes starting to pick up now, will it proceed the price?
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