TDMarkets

Buy AUD/NZD

Buy AUD/NZD

On June 28, 2017, Posted by , In Uncategorized, By , , With No Comments

Buy AUD/NZD at price 1.04515 and a wide stop loss placed at 1.03357 (late entry) and a TP set at 1.06123. The previous daily candle closed a hmmer. The market is a monthly support. trendline also acting as support. We have MACD convergence on a daily chart . Market broke opposing trendline from an H4 chart. Now we are of the belief that we are headed higher. Risk management goes without saying on all trades posted. This is most likely to be a long term trade as with the weekly stoch is also oversold and we have what may be an inside bar forming (Bullish harami pattern). 11:30 (28/ June 2017)

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