AUD/NZD REJECTION OF TRENDLINE
Updated
Price has rejected my daily trend-line and is now approaching my weekly and daily pivot level.
Fundamentally AUD is bullish
NZD rate decision at 10pm later on tonight. A cut in interest rates will further support this trade.
Fundamentally AUD is bullish
NZD rate decision at 10pm later on tonight. A cut in interest rates will further support this trade.
Trade closed: stop reached
NZD rate decision came out unchanged which made NZD gain a bit of strength...enough to stop me out.
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