SHORT opportunity for AUD/NZD

7 Kas 2019

Looking at the AUD/NZD there's a possible short opportunity that we can catch. The currency pair has formed a double top and even though it's still pushing up in price, it's very close to September and Octobers resistance levels. If it manages to break through it would still have to contend with the weekly resistance levels of October 2018 which range from 1.086 - 1.099. At this present moment I have a sell position open @ 1.08375 so I'll be watching closely for additional entries into this currency pair as it possibly rises or falls.