1 Topic by ForexAxe (edited by ForexAxe 2015-03-19 09:06:27)

  • From: Sydney Australia
  • Registered: 2015-03-14
  • Posts: 4

Topic: AUD/NZD in Unknown Territory

Keep a close eye on this pair. It's in unknown territory and can provide excellent trading opportunities to the upside. Follow you trading strategy and don't enter too soon. On this chart you can clearly see where the Aud/Nzd passed it all time low last week https://twitter.com/teachforex2. A short term trendline on the daily chart is providing support at the moment. Parity is about 350 away.

Winners never quit!

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  • From: Sydney Australia
  • Registered: 2015-03-14
  • Posts: 4

Re: AUD/NZD in Unknown Territory

The only two support barriers before this currency pair will hit parity are 1.0297, and the latest all-time low, at 1.0280  Obey your forex trading strategies, find good entry points on the lower time frames and pay close attention to the above mentioned levels before you enter a long position on this pair.

Winners never quit!

ForexAxe's Website