Friday, May 10, 2024

-600 Points Reached in AUD/NZD Buy Signal
1 mins well spent

Reason for Buying AUD/NZD :

AUD/NZD was moving between the ranges in Daily Chart.

After market reaching the bottom level of the range, we wait for the confirmation of reversal from bottom level.

After the confirmation of upward movement, AUD/NZD Buy signal was given to our members.

-600 points loss made in aud nzd buy signal

Due to the weakening of AUD, AUD/NZD starts to re-test the bottom level again.

This is the reason for market to keep moving down.

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