Hello traders!
‼️ This is my perspective on AUDNZD.
Technical analysis: We are here in accumulation phase and I expect we could see AMD pattern, which means price could manipulate buy stop liquidity and fill the imbalance higher and then to distribute lower.
Fundamental analysis: Tomorrow we have news events on AUD, will be released the Cash Rate which was forecasted to remain the same, it means could not be aggresive moves in the market. Also, Wednesday on 5th of April will be released Official Cash Rate on NZD, which was forecasted to increase by 0.25%, this means strength in currency which could support our move.
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‼️ This is my perspective on AUDNZD.
Technical analysis: We are here in accumulation phase and I expect we could see AMD pattern, which means price could manipulate buy stop liquidity and fill the imbalance higher and then to distribute lower.
Fundamental analysis: Tomorrow we have news events on AUD, will be released the Cash Rate which was forecasted to remain the same, it means could not be aggresive moves in the market. Also, Wednesday on 5th of April will be released Official Cash Rate on NZD, which was forecasted to increase by 0.25%, this means strength in currency which could support our move.
Like, comment and subscribe to be in touch with my content!
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t.me/Snick3rSD1
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
❗️Check out my telegram channel with premium content.
t.me/Snick3rSD1
🌶 SpiceProp has 5% discount for any challenge.
🎁 Discount Code - SNICK5
💵 NPBFX broker - 100% deposit bonus -best trading conditions.
nmaffen.com/c1mp99nemznd
t.me/Snick3rSD1
🌶 SpiceProp has 5% discount for any challenge.
🎁 Discount Code - SNICK5
💵 NPBFX broker - 100% deposit bonus -best trading conditions.
nmaffen.com/c1mp99nemznd
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.