Scientist

AUDNZD oscillating on resistance

Long
FX:AUDNZD   Dollar Australien/Dollar Néo-zélandais
It is always a little tricky to open a new trade in the very beginning of the week but I still post it.
I see here clear Resistance line tested multiple times before and right now we have a high probability trade with great R/R ratio. I expect a big move towards 1.11 and further up to 1.13 and even more.

Should the rate go down, then I suggest to close deal with SL below previous daily min and enter long again at 1.08 or based on market situation.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.