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Audnzdsetup

Long AUDNZD Longterm Based on Weekly + 1D Charts for 400+ Pips!!In an ideal world, the AUDNZD would continue another wave of the uptrend and close above 1.10198. Excuse my purple arrows lol they are for my reference of some S+R that I want to keep an eye on... On the Weekly, we've been making lower lows since the 6th of April 2015. More recently on the Daily chart, we've been making Higher Highs and Lower Lows since the 14th of September 2016 We can see clearly on the Weekly chart that price has found + respected resistance on the EMA200 line. The EMA200 has now dropped below the last higher high, which was recorded on the 13th of March 2017 at 1.10027. We can see the EMA200, on it's current course is set to be around 1.09170 when we approach our target and so that's our TP. Stochs has just come out of oversold and our MACD indicator is preparing to complete a bullish crossover on the Daily chart. We enter low, close to the trend line to minimise risk. This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
Long
by AEFX786
2
Is AUDNZD possible??!Hi traders, AUD is currently known at a very high area and it is resistance area too! However, I am going to do a long trade due to my setup. It formed a pinbar at support and trendline. If the price broke below 1.0920 (SL), we may do a short position on this pairing. Long: SL: 1.0920 TP: 1.1040 Short: Follow blue arrow If you like my idea, please follow my account to get more ideas in future! Thank you and feel free to exchange your idea with me. **Trade with care**
Long
by jianan.khaw