Gee, AUDNZD up 50 pips in the last 2 hours. Doesn't look like a short right now.
AUD/NZD Second Chance to Short
Good afternoon traders, Last week’s AUD/NZD cut and reverse played out nicely and with this little Aussie rally to open the week, I wanted to highlight an opportunity to get in if you missed the boat the first time around. Click the link in the opening paragraph and take a look at the original setup, but it’s all about the following daily support/resistance zone: The significance of the zone is pretty straightforward, but I’ve marked the swing swing high top that I’m using just to make it clear. You can see that after failing to hold above the zone, price dropped through. But now that price has rallied back ... (full story)