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AUD/NZD Signal - AUD Budget Release - 12 MAY 2020

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Signal Details
Entry Price: 
1.0668
Take Profit: 
1.0742
Stop Loss: 
1.0640
Direction: 
Buy
How we trade
Average: 5 (2 votes)

The AUD has been strengthening against the NZD prior to the AUD Budget Release. The Budget Release is updated anually by he Australian federal government. We anticipiate further AUD strength into the 1.0742 level.

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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.