Trade Analysis AudNzd 20570


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.

Click on the post to view chart.
Aud Nzd Long term analysis


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