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FX.co ★ AUD/NZD - take profit!

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Forex Analysis:::2020-05-01T06:55:32

AUD/NZD - take profit!

 AUD/NZD - take profit!

Good afternoon traders! Here is the development of the previous trading idea for the AUD/NZD pair.

Based on the trading idea on April 21, 2020, we arranged sell limits for the AUD/NZD and AUD/CAD pairs.

I suggest closing the grid on AUD/NZD in the general area or under the round level of 1.06, depending on the average price of the set.

 AUD/NZD - take profit!

The idea is based on the average pullback within the framework of the grid method used in trading certain cross-rates.

Congratulations to those who used our trading idea!

For the AUD/CAD pair, I suggest holding your positions below the 0.9 level.

Good luck!

Analyst InstaForex
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