Could We See the AUD/NZD Reaching the 1.0480 Level ?
💡 Trade Idea
📉 Sell Limit AUD/NZD @ 1.0519
🎯 Target Profit 1.0480
🛑 Stop Loss 1.0537
❌ Do not risk more than 1% of your account on each trade
🙂 Good Luck!
The price is moving to the downside, and then posted a correction by ranging within a channel. Our expectation is a higher move towards the 1.0519 mark, and from there an aggressive move to the downside.