AUDNZD - Bullish engulfing offers long opportunity

PAIR IN FOCUS: AUDNZD
ACTION: LONG
HORIZON: SHORT TO MEDIUM-TERM

Price has presented a long opportunity with a bullish engulfing candle in the H4 time frame. Zoom down to H1 and there is also a pin bar rejection from a S/R level (subjective to brokers). Watch for bullish price action for entry confirmation.

The TP levels and Stop Loss are indicated in the chart. Remember to manage your risk!

Feel free to discuss and comment, Cheers!

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