The main reason for enter this position is future global economic development - it is an assumption, an idea. Gold price is going up and in the future it should be better for AUD. Stoplosses was catched by Sharks of the Markets, investors and most of the market lose their money, liquidity is on the long side... So we have clear vision now, and probability of the bigger move at AUDNZD is on the long side.
It is only short explanation of my vision.
My previous analysis for audnzd is also on the chart in order to compare how it was and how is now for better vision and understanding, that we will never know for sure, what will happen and how it will develope...
Always control your risk and manage your positions accordingly!
It is only short explanation of my vision.
My previous analysis for audnzd is also on the chart in order to compare how it was and how is now for better vision and understanding, that we will never know for sure, what will happen and how it will develope...
Always control your risk and manage your positions accordingly!