We break it or we dump it
Simple AUDNZD is in my opinion highly oversold. Unfortunately, the Aussie action has been spiraling Southbound for several months now. I am looking at 1.2300 for first target if we break the triangle upward and pass the 1.2150 mark. Otherwise I am out of that trade. Too many if though...
Cheers
Gaven
Twitter: forexcanada
Cheers
Gaven
Twitter: forexcanada
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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.