I have just spotted that the AUDNZD looks too perfect. Looking at the two highs in march and april 2016 I have drawn a trend line all the way to the current day. Price has hit that trend line perfectly and rejected.
I am going to take a small short position with a first target at 1.0575 and a second target at 1.0375. Feel free to put your stops just above the 1.0775 area for what looks to be a nice risk:reward trade.
I am going to take a small short position with a first target at 1.0575 and a second target at 1.0375. Feel free to put your stops just above the 1.0775 area for what looks to be a nice risk:reward trade.
