Trade Idea, 15 Feb: Re-establish -Buy AUDNZD

By | February 14, 2017

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Yesterday’s order to buy AUDNZD was untouched but the premise remains roughly the same and thus we will reinstate it, but with a slightly higher parameters. While the short therm charts still suggest some temporary weakness ahead, the dailies and weeklies seem to be picking up some positive momentum, so looking to buy near term dips, with a relatively tight stop in place once again seems to be the plan.:

Trade:

Buy AUDNZD @ 1.0625

SL @ 1.0585

TP @ 1.0740

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

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. To continue to have access to alerts at the end of the trial register at fxcharts.