FOREXCOM:AUDNZD   Australian Dollar / New Zealand Dollar
AUDNZD
I am bullish on this pair. This pair from my observation follows trend lines and fibonacci zones really well. The 38.2% retracement zone is acting as a support and that zone was a strong resistance before. This did hit the previous high in which this pair seems to be approaching. Possible 138.2% or 161.8% extension zones? Let's see. My trade is at a 2.45 risk to reward ratio.
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