Hello Guys,
This is again a New Trade idea, but now in Currency Pair
Today's Pair is : AUD/NZD
This is Daily chart for the pair, The Pair is Still trading in a Downtrend, For a few days the pair tried to move along a rising trend line but failed to cross the longer term falling Trend line and ultimately broke the rising trendline to start falling again. at present we may expect a pullback to the trendline for retesting and confirmation of the fall.
We will Short the Pair Near the Resistance Zone and Will wait for a good fall.
Our Recommendation :
SELL LIMIT AUD/NZD @ 1.0500 & 1.0540 / SL 1.0580 / TP 1.0420 & 1.0340
The Risk Reward is Excellent in the trade, Trade with proper Risk Management and Consult your Investment/Trading Adviser before entering any trade on our recommendations.
Disclosure:
The Adviser is a Certified Investment adviser and globally known Technical Analyst and trusted trading adviser, The Adviser is having vested interest in the trade as the same recommendation is given to his clients and the adviser and his clients may have trading positions in the pair.
Tags : #audnzd #forex #tradingtips #forexsignals #forextrading #signals #freesignals
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