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AUDNZD: AUD Weakness at Channel Support

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AUDNZD
Timeframe: H4
Direction: Long

Confluences for Trade:
- Waning bearish momentum
- Price action at support of downward sloping Resistance Channel
- Horizontal Trednline support close by
- Stochastics at Oversold conditions (1D and W)
- Widening gap EMAs is large

Suggested Trade:
Entry @ Area of Interest 1.0450 - 1.0510
SL: 1.0381
TP: 1.0709
RR: Approx. 2.32 (Depending on Entry Level)

May the pips move in our favor! Good luck! :D

*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.

交易开始

交易结束：到达止损

We locked in half profit beforehand and moved SL to BE.

Risk free trade.

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weekendanalyst

Disclaimer: The personal opinion above does not constitute as an investment advice. Any decisions taken based on the above opinion is purely at your own risks. DYOR.

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