10° Trend angle meaning there is a steady strong trend against the Kiwi, Expecting a positive run up in the next few months. "Both are considered carry currencies, both RBA and RBNZ are stubbornly dovish, they are heavily dependent on trade, their connection to China is approximately even."
AUDNZD entering key area of long term Ascending triangle, and with the rising price of
XAUUSD
hence we should see a more volatile market.
AUDNZD entering key area of long term Ascending triangle, and with the rising price of
XAUUSD
hence we should see a more volatile market.
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Note, expect rapid volatility in the next few months it will not move right away
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+230 pips
2nd PT @1.12
2nd PT @1.12
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Out @1.11