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But I am guessing you mean 1.039 and 1.040 to 1.041. |
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and still going I have a limit at 1.048 |
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audnzd, I think a northern correction is possible. h1 |
Looks like an uptrend is coming |
Any other analysis on this pair? |
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Interesting AUDNZD goes up when AUD cuts it interest rate. I guess the market is anticipating the NZD will cut its rate by more. |
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Also just happened to see this right after posting. Interesting.. https://www.npr.org/sections/coronav...9HUy8Y5mLvtnR0 "There is no widespread undetected community transmission in New Zealand. We have won that battle," Ardern said Monday |
1 Attachment(s) Not much to do On a side note : Assets managers are long, money managers are shorts. Nothing is clear |
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Hello. After australian news during 05/13, 04.00 hs at H4 i think the pair is ending the uptrend. From Elliott, it seems a 5 wave at D1. I'm considering to open short position here. I've watched this video in youtube. Interesting. The author considers it the best forex instrument to trade. Inserted Video |
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a sign that bears are entering in the market in this case, so candle patterns like a shooting star (hammer if I wait for bulls) or engulfing, on M15/M30/H1 This tells me that Big players look the same level that I saw. It doesn't give me a 100% win rate, but it helps a lot |
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Waiting to see what happens at 1.0660 (AB=CD) If not, on Daily TF it may go above 1.0800 to find bears |
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