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Thursday, January 21, 2021

πŸ’‘Don't miss the great sell opportunity in AUDNZD

πŸ’‘Don't miss the great sell opportunity in AUDNZD

Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.0810).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. AUDNZD is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.

Take Profits:
TP1= @ 1.0760
TP2= @ 1.0720
TP3= @ 1.0680
TP4= @ 1.0630
TP5= @ 1.0565

SL: Break Above R2

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