AschraM

AUDNZD 2nd impulse is coming

Long
FX:AUDNZD   Australian Dollar / New Zealand Dollar
We have been waiting for the second impulse on AUDNZD for awhile.

Range hasnt broken out yet and I am looking for an INV head n shoulder here on the lower timeline. If we fail to hold here price will fall below the solid line but I am a buyer of AUSSIE. Lets see how it goes I will be waiting for a right shoulder to form and a kiss pullback at 68% if we are lucky. I was in this with a small lot size of .01 but have adjusted with a buy limit at .10 around the right shoulder formation zone.

I will wait for price to be back above the 200 and 100 MA as well or closely ready to jump back above depending on how price moves here.

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