Australian Dollar / New Zealand Dollar

Long

AUDNZD: Potential Long Trade

By VasilyTrader

Updated

snapshot

hey traders,

very peculiar trading setup on AUDNZD.
after a strong selloff, the pair has stopped setting new lower lows and
for the last two days, the market was coiling within a narrow horizontal trading range.

if bulls violate the range, I will buy the pair expecting bullish continuation to higher structure levels.

target levels will be
T1 - 1.071
T2 - 1.073

Trade closed: target reached

T1 reached

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