Have you seen the AUDNZD lately?

Written by Raul Lopez on . Posted in Trades & Analysis.

Every day I like to write about what I think are the best trading opportunities out there.

Sometimes the market moves in the intended direction, and sometimes it doesn’t. Let me tell you what really matters though: I have a trading plan for each currency pair/each day.

I know which currency pairs I’m going to be monitoring and trading, and which ones I will forget about (for the day at least).

And of course, I like to trade the ones that have the clearest market conditions. Today, the AUDNZD is one of those.

It is trading in a very clear bearish condition and I´ll be looking for short opportunities:

I’d like to see a small retracement and bearish pressure around the ST resistance level at 1.2619. We’ll see if we get it.

Do you trade the AUDNZD?

Trade safe!

Raul Lopez
Forex Coaching

AUDNZD Analysis, forex

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .
ProTradingNow
Free Education
Other
Contact