AUDNZD Long
This pair has been in a long term range between 1.02 and 1.12 , and so no surprise the 200W MAV is 1.07.
Price tested the high 1.02 handle last week , and was strongly rejected by the buyers ( aided by a surprise RBNZ cutting OCR by 50 basis points) .
With price placed to the high of a descending channel, considering an entry for a long.
Enter - Monthly Pivot
Stop - Below S1 Pivot , near channel low
Target - Start of the recent downtrending channel ( to complete and ABC pattern)
RR = 3
Price tested the high 1.02 handle last week , and was strongly rejected by the buyers ( aided by a surprise RBNZ cutting OCR by 50 basis points) .
With price placed to the high of a descending channel, considering an entry for a long.
Enter - Monthly Pivot
Stop - Below S1 Pivot , near channel low
Target - Start of the recent downtrending channel ( to complete and ABC pattern)
RR = 3
Clause de non-responsabilité
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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.