Pending Long AUD/NZD low 1.05XX Region
I mentioned I won't bother posting cross pair analysis because it takes too long to analyze so I'll just keep this short.
Best possible entry for longs is at the bottom of the wick of January's Candle coming in at low 1.05XX region.
Given my view on a pending long on AUD/USD along with my short position on NZD/USD, both combine to give a pending long on AUD/NZD.
Consider exiting if price closes below December 2005 candle (1.043), so 100 pip stop loss to be safe.
Target is open, I don't have a grasp on where this can go, you'd have to do the calculations on your own based on my targets for AUD/USD and NZD/USD.
Best possible entry for longs is at the bottom of the wick of January's Candle coming in at low 1.05XX region.
Given my view on a pending long on AUD/USD along with my short position on NZD/USD, both combine to give a pending long on AUD/NZD.
Consider exiting if price closes below December 2005 candle (1.043), so 100 pip stop loss to be safe.
Target is open, I don't have a grasp on where this can go, you'd have to do the calculations on your own based on my targets for AUD/USD and NZD/USD.
Feragatname
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