Scientist

AUDNZD oscillating on resistance

Long
FX:AUDNZD   Australian Dollar / New Zealand Dollar
It is always a little tricky to open a new trade in the very beginning of the week but I still post it.
I see here clear Resistance line tested multiple times before and right now we have a high probability trade with great R/R ratio. I expect a big move towards 1.11 and further up to 1.13 and even more.

Should the rate go down, then I suggest to close deal with SL below previous daily min and enter long again at 1.08 or based on market situation.
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