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AUD/NZD Signal - NZD Food Price Index - 14 Jan 2021

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Signal Details
Entry Price: 
1.0773
Take Profit: 
1.0810
Stop Loss: 
1.0740
Direction: 
Buy
How we trade
Average: 5 (1 vote)

AUDNZD is trending to the upside currently prior to the NZD Food Price Index, a measure of price changes of food bought by households. Technically the pair is above the moving averages and the 1.0760 pivot, and we anticipate continued upside into the 1.0810 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.