AUDNZD: Up or down?
Updated
Hi traders,
For this pair I have two setups waiting for the upcoming week. Both of them involve a breakout, then a retracement for a good entry.
Note: I will not enter on the initial breakout, only on the retracement.
For the short trade
Entry: 1.1045
Stop: 1.111
Target 1: 1.0974
Target 2: 1.0894
-----------------------------------------------------
For the long trade
Entry: 1.1108
Stop: 1.1036
Target 1: 1.1146
Target 2: 1.1185
Best of luck!
For this pair I have two setups waiting for the upcoming week. Both of them involve a breakout, then a retracement for a good entry.
Note: I will not enter on the initial breakout, only on the retracement.
For the short trade
Entry: 1.1045
Stop: 1.111
Target 1: 1.0974
Target 2: 1.0894
-----------------------------------------------------
For the long trade
Entry: 1.1108
Stop: 1.1036
Target 1: 1.1146
Target 2: 1.1185
Best of luck!
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