🎗 AUD/NZD Setup
🗨Time Frame : 4hrs Chart
(🖇️Direction : Long )
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🗒 Going over my work means something to me We are all here to learn
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🧾 : WHY IS AUDNZD GOING UP?
A strengthening of the Australian economy may lead to a strengthening of the AUD against the NZD. This can happen as a result of strong economic growth, increasing exports, increased commodity prices (as Australia is a significant exporter of commodities), or improvements in other economic indicators such as employment and consumption.
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➕Bullish Break
1.07650 Area
Reasons
Major Turn level / D
Visible range Lvn
Major Trend Line
Quarter's Area
Choch Area
Fib Golden
D / W High Break
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❗Bullish Break
1.09150 Area
Reasons
❗Major Turn level / D
Visible range Lvn
Falt Trend Break
Trend line Break
Monthly High Break
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📍second entry
when Price breaks
the flat trend
( Alert Area 1.09150 )
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➖Bearish Reversal
1.10400 Area
Reasons
Liquidity / Accumulation
Major Turn level / M
Visible range Hvn
Resistance Area
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📌 I don't know why I didn't do an update 📌
🗨Time Frame : 4hrs Chart
(🖇️Direction : Long )
------
🗒 Going over my work means something to me We are all here to learn
------
🧾 : WHY IS AUDNZD GOING UP?
A strengthening of the Australian economy may lead to a strengthening of the AUD against the NZD. This can happen as a result of strong economic growth, increasing exports, increased commodity prices (as Australia is a significant exporter of commodities), or improvements in other economic indicators such as employment and consumption.
——————————
➕Bullish Break
1.07650 Area
Reasons
Major Turn level / D
Visible range Lvn
Major Trend Line
Quarter's Area
Choch Area
Fib Golden
D / W High Break
------
❗Bullish Break
1.09150 Area
Reasons
❗Major Turn level / D
Visible range Lvn
Falt Trend Break
Trend line Break
Monthly High Break
------
📍second entry
when Price breaks
the flat trend
( Alert Area 1.09150 )
------
➖Bearish Reversal
1.10400 Area
Reasons
Liquidity / Accumulation
Major Turn level / M
Visible range Hvn
Resistance Area
——————————
📌 I don't know why I didn't do an update 📌
💲Telegram : t.me/ForceTradingFX
