Dear traders,
Here is your AUDNZD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the AUD stands at “1”, and the NZD stands at “3”, meaning that the NZD is stronger than the AUD, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st SELL Liimit is placed at 1.0728 (with a 1% risk position size)
Our 2nd SELL Liimit is placed at 1.0762 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 1.0488
Our Stop Loss is placed at 1.0803
This is a 200 PIPS trade - Risk Reward 1:5
Chart Timeframe; H4
Thank you. Like & Subscribe.
Trade Smartly.
Here is your AUDNZD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the AUD stands at “1”, and the NZD stands at “3”, meaning that the NZD is stronger than the AUD, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st SELL Liimit is placed at 1.0728 (with a 1% risk position size)
Our 2nd SELL Liimit is placed at 1.0762 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 1.0488
Our Stop Loss is placed at 1.0803
This is a 200 PIPS trade - Risk Reward 1:5
Chart Timeframe; H4
Thank you. Like & Subscribe.
Trade Smartly.
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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.
Related publications
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.