Main Quotes Calendar Forum
flag

FX.co ★ AUD/NZD Trading Recommendations for 4th August, 2016

parent
Forex Analysis:::2016-08-04T07:42:52

AUD/NZD Trading Recommendations for 4th August, 2016

AUD/NZD remains bearish below major resistance.

1.0625 is a major resistance (graphical resistance + Fibonacci resistance + Bollinger band resistance) which we sell from.

Stochastics (21,5,3) is also turning down signalling a bearish move.

AUD/NZD Trading Recommendations for 4th August, 2016

Trading Recommendations:

Sell at 1.0625.

Stop loss raised to 1.0665.

Take profit at 1.0545 and 1.0400.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...