AUDNZD LONG... 11RR OPPORTUNITY
Hey Guy,
This pair is long term bullish via the monthly timeframe. It has absorbed enough liquidity to push this pair far and beyond. What we can see is a limit order sitting on the daily demand zone. We expect price to comeback and to that zone before the push. Our price target is kinda shaky to me. I don't know how long it will take to get there might be a week or two... Who knows!
Let me know in the comments what you think.
Enjoy.
David
This pair is long term bullish via the monthly timeframe. It has absorbed enough liquidity to push this pair far and beyond. What we can see is a limit order sitting on the daily demand zone. We expect price to comeback and to that zone before the push. Our price target is kinda shaky to me. I don't know how long it will take to get there might be a week or two... Who knows!
Let me know in the comments what you think.
Enjoy.
David
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