Another favorite pair of mine, AUD/NZD. This pair has been on a long-term 4H bullish trend. It has recently hit a strong 4H .618 retracement and steadily going bullish again. I am only in this trade for the short-run, possibly 3-12 hours i predict it will run. There has been some strong support. I believe this can run strong to the 1.0765 resistance region however I am capping my TP about 10 pips below. This pair will remain on my hotlist as it trends favorable to technical analysis tools.
Trading ditutup: stop tercapai
Retraced below SL and even below the 61.*% retracement. Though this ultimately went up, it was too early of an entry.
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