AUD/NZD Going for Higher Levels

2 min read
tarantula fx

tarantula fx

Head of Trading

Dear Traders,

The AUD/NZD is targeting higher levels. We should see a continuation move due to ascending scallop pattern.

The market is above W H3 camarilla pivot. A continuation move above should target 1.0488 W H4 camarilla pivot and M H5 1.0492. A close above should make the price spike towards 1.0537 W H5 camarilla. As long as the price is above W L3 1.0400, the market is bullish. Buying the dip continues.

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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