AUD-NZD HEAD AND SHOULDERS SELL OPPORTUNITY

AUD-NZD PAIR MAY FORM HEAD AND SHOULDERS FORMATION ON H-1 CHART. CURRENTLY IT IS TRADING NEAR RIGHT SHOULDER OF POTENTIAL HEAD AND SHOULDERS FORMATION. WHICH GIVES US SELL OPPORTUNITY WITH BEST RISK REWARDS.

SELL ENTRY: 1.0710
STOP LOSS: 1.0760
TARGET-1: 1.0675
TARGET-2: 1.0635

AGGRESSIVE TRADERS CAN ADJUST THEIR STOP RIGHT ABOVE CURRENT SWING (POTENTIAL RIGHT SHOULDER) AROUND 1.0745.