AUD.NZD - Step by Step Analysis
The AUD.NZD is one pair on my watchlist this week.
We have now seen price break of a strong resistance and psychological level at 1.0700 which dates back to April 2014.
Although price has broke, i will need to see a candle close above 1.0700 to confirm my analysis.
I will be looking to take this pair long this week if the 4hr and 1hr charts give me a signal.
We have now seen price break of a strong resistance and psychological level at 1.0700 which dates back to April 2014.
Although price has broke, i will need to see a candle close above 1.0700 to confirm my analysis.
I will be looking to take this pair long this week if the 4hr and 1hr charts give me a signal.
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The 1.0700 resistance level dating back to April 2014
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Awaiting i minor pullback tomorrow prior to taking this pair long.
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Price starting to pullback to 1.0700, false breakout? or a pullback prior to the next impulse?
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Pending order is now in place.
Zlecenie aktywne
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Trailing stop loss now in place.
Transakcja zamknięta: osiągnięto wyznaczony cel:
Positions closed, profit target attained.
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As we now approach 1.0920 i will be awaiting a reversal signal on the 4hr and 1hr TF
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How i am looking to trade this pair now price has broke the 1.0920 level.
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March results including this long positions including technical breakdown.
