AUD/NZD Bullish Continuation Above 1.0780

2 min read
tarantula fx

tarantula fx

Head of Trading

Dear Traders,

Asia-Pacific crosses have been very interesting to trade lately. The AUD/NZD pair is one of the pairs I have made many pips with lately as the situation is pretty clear to me.

The pair is in a clear uptrend. We see that the market is pushing up with a marubozu candle at the top. If the price makes a close above 1.0780 we should see a continuation move to the upside. 1.0665-1.0700 is the zone where we should see buyers if the price retraces. Above 1.0780 the target is M H4 1.0921 camarilla pivot.

The analysis has been done with the CAMMACD system.
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Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

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