๐๐๐๐๐ก๐ - 4๐ฉ๐ณ๐ด ( ๐๐๐ ๐๐ณ๐ข๐ฅ๐ฆ 2.10% )
๐ AUD/NZD Setup
๐จTime Frame : 4hrs Chart
(๐๏ธDirection : Long )
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๐ Going over my work means something to me We are all here to learn
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๐งพ : WHY IS AUDNZD GOING UP?
A strengthening of the Australian economy may lead to a strengthening of the AUD against the NZD. This can happen as a result of strong economic growth, increasing exports, increased commodity prices (as Australia is a significant exporter of commodities), or improvements in other economic indicators such as employment and consumption.
โโโโโโโโโโ
โBullish Break
1.07650 Area
Reasons
Major Turn level / D
Visible range Lvn
Major Trend Line
Quarter's Area
Choch Area
Fib Golden
D / W High Break
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โBullish Break
1.09150 Area
Reasons
โMajor Turn level / D
Visible range Lvn
Falt Trend Break
Trend line Break
Monthly High Break
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๐second entry
when Price breaks
the flat trend
( Alert Area 1.09150 )
------
โBearish Reversal
1.10400 Area
Reasons
Liquidity / Accumulation
Major Turn level / M
Visible range Hvn
Resistance Area
โโโโโโโโโโ
๐ I don't know why I didn't do an update ๐
๐จTime Frame : 4hrs Chart
(๐๏ธDirection : Long )
------
๐ Going over my work means something to me We are all here to learn
------
๐งพ : WHY IS AUDNZD GOING UP?
A strengthening of the Australian economy may lead to a strengthening of the AUD against the NZD. This can happen as a result of strong economic growth, increasing exports, increased commodity prices (as Australia is a significant exporter of commodities), or improvements in other economic indicators such as employment and consumption.
โโโโโโโโโโ
โBullish Break
1.07650 Area
Reasons
Major Turn level / D
Visible range Lvn
Major Trend Line
Quarter's Area
Choch Area
Fib Golden
D / W High Break
------
โBullish Break
1.09150 Area
Reasons
โMajor Turn level / D
Visible range Lvn
Falt Trend Break
Trend line Break
Monthly High Break
------
๐second entry
when Price breaks
the flat trend
( Alert Area 1.09150 )
------
โBearish Reversal
1.10400 Area
Reasons
Liquidity / Accumulation
Major Turn level / M
Visible range Hvn
Resistance Area
โโโโโโโโโโ
๐ I don't know why I didn't do an update ๐
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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.