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Short AUD/NZD

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Short AUD/NZD
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Short AUD/NZD

By Luv Sharma 298 days ago Comments (2)

Categories: Forex

 

AUD/NZD is coming up against strong resistance in the 1.3020-1.3060 region which is the top of its triangle pattern and horizontal resistance. The RSI is also in the oversold territory on the daily charts. We are going short this pair at 1.3025 with stops on a daily close above 1.3070 and targets of 1.280.

Good luck trading.

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