AudNzd long to 1.0850,
Commitment Of Traders COT reports: commercials long for AUD. Seasonal Tendencies long for AUD and short for NZD.
AudNzd target 0.0680 hit. Natural 'W' pattern completed, double bottom.Price broken structure to upside, and pulled back to 4hr 0.618 fib level. Lining up with structure to left. Entry on 1.06943, close to numbers theory 1.0680. Also break and retest of 4hr counter trend line. Stop Loss 5 pips below previous low. TP1 1.0850, Daily previous leg target. TP2 1.090 mid key level.
Mac D cross for long, but below 0 so still bearish territory.
AudNzd target 0.0680 hit. Natural 'W' pattern completed, double bottom.Price broken structure to upside, and pulled back to 4hr 0.618 fib level. Lining up with structure to left. Entry on 1.06943, close to numbers theory 1.0680. Also break and retest of 4hr counter trend line. Stop Loss 5 pips below previous low. TP1 1.0850, Daily previous leg target. TP2 1.090 mid key level.
Mac D cross for long, but below 0 so still bearish territory.
Feragatname
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