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jaleelrich

AUD/NZD Sell Soon for 600 Pips (RR 5.5:1)

Short
Australian Dollar / New Zealand Dollar (OANDA:AUDNZD)  
jaleelrich  
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Parallel Channel Trend Lines AUDNZD desending
6
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trendanalysis parallelchannel trendline audnzd desending
AUD/NZD bounced off the top of the descending channel. Lots of confirmation here. See the chart for details.
Wait for a small pullback to major support (blue rectangle) then use your strategy for entry.
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