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FXTwentyOne

Possible Buy on AUDNZD

Long
Australian Dollar / New Zealand Dollar (OANDA:AUDNZD)  
FXTwentyOne Updated   
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators audnzdlong AUDNZD
5
2
trendanalysis chartpattern indicator audnzdlong audnzd
Aussie is looking bullish to me against the Kiwi for a solid 70 pips.

  • price breakout of counter trend now matching the 200-EMA
  • divergence spotted in this trading period on the MFI
  • demand rising could result in price to rise
This could be a solid 70 pip run. We'll see...
Trade closed: stop reached:
Stoped out in a very small position. This happens and is all apart of the game. On to the next one.
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