Aug 8, 2019
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AUDNZD H1: TREND BREAKOUT

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AUDNZD/ D1 / Technical Chart

Idea: Break trend line
Risk Management: 1 : 2.0
Breakeven: Every 35pips move down

Our Choice:
Long/Buy position above 1.0500 look for further upside with TP 1 1.0520 & TP 2 1.0550 as targets.

Alternative:
Short/Sell positions below 1.0460 with targets at TP 1 1.4350 & TP 2 1.0395 in extension.


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