AUDNZD Possible Sell
Looking at AUDNZD for the week, I see the possibility of it going short and am expecting a test on POC areas 1.06310 or 1.07000, knowing that more Contract was added on Short for the AUD compared to the Long, Also there is more weight on the AUD compare to the NZD, again the volatility for Audnzd is low compared to previous week. Therefore, my overall basis for this pair is short.
Wait for a proper price action before going short as the price may likely go up for a stop hunt.
Also, let me know your take on the comment session about this pair. thanks
Wait for a proper price action before going short as the price may likely go up for a stop hunt.
Also, let me know your take on the comment session about this pair. thanks
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.