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AUD/NZD Going for Higher Levels
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The AUD/NZD is targeting higher levels. We should see a continuation move due to ascending scallop pattern.
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Dear Traders,
The AUD/NZD is targeting higher levels. We should see a continuation move due to ascending scallop pattern.
The market is above W H3 camarilla pivot. A continuation move above should target 1.0488 W H4 camarilla pivot and M H5 1.0492. A close above should make the price spike towards 1.0537 W H5 camarilla. As long as the price is above W L3 1.0400, the market is bullish. Buying the dip continues.
The Analysis has been done with the CAMMACD.Core and Sit Systems
About the Author
Nenad Kerkezcontributor
M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.
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