Hey Traders!
I believe AUDNZD is a great buy for several reasons.
- Overall market direction is bullish.
- 4h Falling wedge for minimum 20-30 pips take profit
- Hedgefund are increasing buying power for AUD while selling off NZD
- Candlestick are above 2 important moving averages.
- There's space for bullish movement until it reaches the first barrier 1.08731 if broken, it will surely continue its bullish momentum further.
I believe AUDNZD is a great buy for several reasons.
- Overall market direction is bullish.
- 4h Falling wedge for minimum 20-30 pips take profit
- Hedgefund are increasing buying power for AUD while selling off NZD
- Candlestick are above 2 important moving averages.
- There's space for bullish movement until it reaches the first barrier 1.08731 if broken, it will surely continue its bullish momentum further.