CollegeofPips

Could We See the AUD/NZD Reaching the 1.0480 Level ?

Short
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
πŸ’‘ Trade Idea

πŸ“‰ Sell Limit AUD/NZD @ 1.0519

🎯 Target Profit 1.0480

πŸ›‘ Stop Loss 1.0537

❌ Do not risk more than 1% of your account on each trade

πŸ™‚ Good Luck!

The price is moving to the downside, and then posted a correction by ranging within a channel. Our expectation is a higher move towards the 1.0519 mark, and from there an aggressive move to the downside.

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