Trade of the Day AUDNZD

AUDNZD is retesting a previously broken strong upside resistance

 

AUDNZD is retesting the 1.0780 a confluence of the previously broken upside resistance. A bounce off this level is required for the upside continuation to 1.12000.  A break below 1.0780 again is required for a downside reversal and a continuation lower. A break above 1.0850 will lead to a complete upside reversal.

Note – Look for the long trade entries with the stop loss below 1.0780

AUDNZD daily price action strategy

 

 

If you want to learn trading analysis and how to get to key trading levels like in this article register for Private Live mentoring with your trading evaluation.

 

 

Copy our trades!

Scroll to Top
×