FX:AUDNZD   Australian Dollar / New Zealand Dollar
- Respecting 0.786 fib level at a KEY level.
- Bullish engulfing formed over night.
- Bullish pressure breaking out of this consolidation zone.
- Next key area is 1.08140, so there's a lot of potential for a move to the upside without much resistance.
Trade closed: stop reached:
I didn't enter this trade as I didn't have enough confirmation to get in...

If I did enter we would of been at -20 pips ❌❌
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.