Market watch – $AUDNZD 12-15-2016

Every week a new trading opportunity ! When you see a set up and you need support we are here ! Never miss a good trade.

On our market watch today is AUDNZD. The pair has tested 1.0380 twice and got rejected and is squeezed in a wedge below 1.05000 providing perfect opportunity for good RR long. If we get a break above 1.0520 profit target is open and should be in 1.0600-1.0700 zone

Recommended trade size should be adjusted to your risk profile and money management. 

On market entry here SL should be below 1.0410.

Happy trading! (click on the chart to enlarge it)



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