AUD/NZD Idea

2020-01-26 06:08:57

Hi guys, I'm quite new to all of this so any feedback or improvements would be very much appreciated!

Here we have the pair AUDNZD and as you can see this pair has support at the 1.03163 area, price seems to be rejecting this area yet again. My thoughts are that this pair will now head north to 1.03634 area where it will create a new LH before continuing on its path down, so wait for the move north to finish and then ride it back down with the MM :)

Cheers guys let me know what you think!