Online Forex Trade Analysis AudNzd currency pair.
The AudNzd pair broke through its all-time low, if it retraces back to the 1.0400 level and keep hovering around the all-time low area it might give us an opportunity to go long.
ANZ Business Confidence a leading indicator for economic health came out stronger today, next support level can be around parity.
To trade Forex successfully studying the longer time frames gives you a much clearer direction of the market, a Forex day trading strategy will be much more reliant for determining the trend of the market than a Forex scalping strategy on the lower time frames, especially for Forex beginner traders.
Trade Analysis AudNzd currency pair.
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