Aud/Nzd Analysis - Page 5
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Thread: Aud/Nzd Analysis

  1. #41
    market is confusing how ever on the weekly chart i have seem market support and resistance and all the support are major which is very much difficult to break how ever there is good opportunity to buy from here with money management if it break the suport then take another entry fromo another support it will surely give profit :)

  2. #42
    The market is very quiet during the last 2.5 months. Responsible scalping can be, therefore, recommended for fixing small profits. The present rate is slightly below 100-day MA line.


    My current TP at 1.08 is about to be hit. I do not expect further rate decrease, as there are no fundamental factors to foster it. Increase to 1.089 is quite possible (based on the resistance levels analysis).

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