ForecastCity

Don't miss the great buy opportunity in AUDNZD

Long
FX:AUDNZD   Dollar Australien/Dollar Néo-zélandais
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.0419). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. AUDNZD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.

Take Profits:
TP1= @ 1.0488
TP2= @ 1.0545
TP3= @ 1.0720

SL= @ 1.0375

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