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Audnzdshort

AUD/NZD descending channel💡Hello traders, Hope you are having fantastic summer and also are finding time for trading as well :) I will really appreciate any likes and follows, that would help grow this channel. Let's take a look at AUD/NZD on 4H chart. We can see descending channel has been formed. Price has been rejected from resistance line from this channel we believe that price will go down from this point. Let us know what you think about this idea. Trade safe !
Short
by UnknownUnicorn3249870
AUD/NZD Bears In Control?Good day, snipers. Here in the AUD/NZD, we are about to retest the minor resistance zone formed in lower and higher time frames. This zone was also considered as the 61.8 Fib level, where I expect movements to the downside. RSI also shows it is in overbought territory. I will be looking for a bearish confirmation before going short. If price makes a higher high, I am out of this trade, that's why stop loss is quite tight. Follow me on tradingview for more ideas and sniper entries. If you liked this idea please click that thumb's up. Ideas posted are not financial advise, but merely just to give insights and education for traders. Past performances do not determine future gains. As sniper traders, we tread carefully, then we take shots immediately. Join the discussion down below.
Short
by SniperFXFree
AUDNZD Still BEARISH Looking!!! Lets see why...Lets start off by looking at the price action for AUDNZD, we can see that BULLISH strength has faded giving rise to BEARISH potential. This can be seen from the yellow dotted line I drawn and what we are seeing now is a BEARISH fall. For now, what we saw was a retest to 1.0612 resistance level which it recently broke through. Thus, I will be looking at a nice sell opportunity from this level heading towards 50 fib level minimally. There is also a rather strong support level @ 1.0455 which I will be observing. Having said that, if we see a breakthrough we could potentially go all the way down to 61.8 fib level. As of now, I will be trading BEARISH on AUDNZD as I will be seeing this BULLISH movement as a retest to resistance level. This idea will be subjected to changes if we see a breakout of 23.6 fib level. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!!
Short
by YGForex
AUDNZD, daily chart, double top pattern in playBased on the daily chart we could clearly see AUDNZD has a double top pattern and price already broken through the support. Price broke through the support since June 10th and then consolidating around it for 3 weeks. The last 2 day candle indicates selling pressure by the form of candles which looks like bearish pinbar / shooting star candle. Also keep in mind AUD now in pressure because they gonna start with another lockdown which will give pressure to their currency. Sell AUDNZD 1.0620 Stop loss 1.0680 Take profit 1 @1.0560 Take profit 2 @1.0500 good luck
Short
by HayatoDragonFX
AUDNZD - SWING - 30. JUNE. 2020Welcome to our weekly trade setup ( AUDNZD )! - 1 HOUR Prices about to turn bearish. 4 HOUR Range high got hit, expecting a push to previous lows. DAILY Overall waving market structure, good short entries! - FOREX SWING SELL AUDNZD ENTRY LEVEL @ 1.07050 SL @ 1.07480 TP @ 1.06440 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
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