AUDNZD is in nice down trend - forex leaning place

forex leaning place

The need to exchange currencies is the primary reason why the forex market is the largest, most liquid financial market in the world.

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Thursday 1 June 2017

AUDNZD is in nice down trend

This is AUDNZD in one hour time frame. It looks like a nice down trend.

Since the price has already bounced from the dynamic resistance area, now there is no scope for enter into any trade.

But with the retracement back the area again will create new trade opportunity. I'm waiting for that.

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