AUDNZD: Awaiting a potential breakout
Price is currently in a tight consolidation box between 1.0145 to 1.0200 region.
A breakout to the upside could potentially see price reaching for 1.2580 to 1.2820.
A breakout to the downside could potentially see price reaching for 1.0025.
Naturally, the downside reward seems to be much better than the break to the upside.
I would love to hear your opinion, feel free to comment, agree or disagree.
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KY
A breakout to the upside could potentially see price reaching for 1.2580 to 1.2820.
A breakout to the downside could potentially see price reaching for 1.0025.
Naturally, the downside reward seems to be much better than the break to the upside.
I would love to hear your opinion, feel free to comment, agree or disagree.
------------------------------------------------------------------------------------------------------------------------------------------------------------------
Always wanted to connect, learn and help one another throughout your trading journey? Join our community for FREE at www.facebook.com/groups/fxpipsology/ The only thing you need to 'pay' is your commitment to trading and sharing!
Have a great pipping day!
www.fxpipsology.com/
www.facebook.com/fxpipsology
Cheers,
KY
