AUDNZD Possible Buy

maxinger said:
Your STOP has been hit.

for this trade, the chance of success is < 10%.

You should look for a trade that gives you ~50 % success rate.
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still not in the trade.. waiting for a strong up move first ... if it comes good else will let go of this trade :)
 
ProForex said:
Looking for a buy trade to setup for AUDNZD.

We have punched through a significant Support/Resistance area around 1.07300 zone.

On the fundamental front we would like to see some bulish sentiments come into Cash Rate Indicator & RBA Statement for Ozi Dollar.

We are keeping a close eye for this setup near area highlighted by white circle.

If trade sets up with nice bullish signals we are targeting 1.07800 zone for profit taking.

Screenhot:

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a27d24_10c9fa2cd51f470fb7ccaafe1875b4c9~mv2.webp
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We are still messing about the SnR zone, not free from it.. possibly will have to stand aside on this trade. Monitoring....


upload_2022-3-2_7-45-4.png
 
Still Stalking this trade, also expanded the SnR zone to fit the current range that was formed. Trade could setup later on ?

a27d24_b7e0be31ee704dac9af8c4946d4aadfb~mv2.webp
 
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