lb-counts

AUDNZD Support level, price channel and fib levels LONG

Long
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
This analysis is based on the price channel idea while the support level has been hit and worked as can be seen looking at 4h interval. The t/p target is 0.618 of the recent drop

This is just an idea not a trading advise, please always protect your capital with a s/l in this case I have shown it below the support level with a risk ratio of 1:4
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