Buy AUDNZD After Bullish Double Cycle
From Vladimir Ribakov
January 9, 2017 - 5:47am
My plan is to buy AUDNZD. We are at the bottom of D1 and W1 ranges. Price broke above D1 trend line and most recent high. AUDNZD D1 chart: AUDNZD H4 chart: On the H4 chart we can see bullish double cycle has been completed. We are looking for dips towards the 1.0450-1.0430 zone where we can go long. Target 1 – R:R 1:2 Target 2 – 1.0700 SL – below 1.0400 (more conservative below 1.0370) Yours, Vladimir
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