Trade Idea : 4 Oct: Buy AUDNZD

By | October 4, 2017

These market alerts are provided as part of a trial basis only. 

Buy AUDNZD @ 1.0900

SL @ 1.0845

TP @ 1.1020

This order is only good for entry purposes until 5.00 pm NY time today

Trade Description: The Kiwi seems set to remain under pressure in the days ahead, both against the US$ and on the cross, and the 4 hour charts favour further gains in the cross, with the dailies also possibly turning very mildly higher in their outlook, so buying short term dips, with a tight SL seems to be the plan.

 

This information is a personal view only, this being a trade being undertaken by FX Charts. It is not an inducement or recommendation to trade although you may do so if you agree with the parameters of this idea.. Refer to our disclaimer here.

These market alerts are provided as part of a trial basis only.