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AUDNZD Signal - 22nd December 2022

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Signal Details
Entry Price: 
1.06580
Take Profit: 
1.04800
Stop Loss: 
1.07200
Direction: 
Sell
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AUDNZD had a sharp rise yesterday but has stopped and consolidated around an existing 3 month trendline. We anticipate a bounce off this trendline to the downside to the region of the last low at 1.07200.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.