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Audnzdshorts

AUDNZD 4h timeframe shorts or sellsI do not really trade this pair but a famous line goes by 'what goes up must come back down' so there is no way for this trade to keep rising it has to drop on the other hand GBPAUD needs to rise. We have a decent risk reward for these two trades, risking around 40 pips for AUDNZD for a minimum of 90 pips target to the downside could possibly even reach 160 pips! lets go hold it tight once in 50 pip profit stops to breakeven then run it risk free till it shits itself haha..!
Short
by immygak
NZD Bull charge-AUDNZD analysis-01.11.2017Hey guys, Time for some NZD bulls in this currency pair. Technically, in the daily chart, it is clear that a break out trade is in play. First, notice that support trend line break out on 15.09.2017, after that price corrected higher as a stochastic buy signal was printed after 02.10.2017. Between 19.10.2017 and 25.10.2017, there was congestion and a consolidation in the lower time frame which retested the support now resistance trend line at around 1.13. From there on-wards, check out that trickle down and a respect of minor resistance trend line at 1.12. Yesterday, price action closed as an inverted doji and made lower lows relative to the upper BB. Furthermore, notice that bearish divergence between price action and stochastics. It is now time to sell and I will trade as follows: Sell: 1.11 Stop Loss: 1.125 Take Profit: 1.05-1.08 Let me know what you think. There is so much to learn from our traders and analysts at Forex.Today. In fact we got awesome stuff right there. visit us today and learn more-https://tinyurl.com/AUDNZDAnalysis
by Kipyegonn