BTC $63,562.00 ▲ 1.55% ETH $1,854.26 ▲ 0.47% USDT $0.9991 ▼ 0.00% BNB $589.53 ▲ 1.29% XRP $1.07 ▲ 0.42% SOL $73.31 ▲ 1.05% DOGE $0.0700 ▲ 1.26% SHIB $0.00000493 ▲ 2.07% PEPE $0.00000291 ▲ 3.00% BTC $63,562.00 ▲ 1.55% ETH $1,854.26 ▲ 0.47% USDT $0.9991 ▼ 0.00% BNB $589.53 ▲ 1.29% XRP $1.07 ▲ 0.42% SOL $73.31 ▲ 1.05% DOGE $0.0700 ▲ 1.26% SHIB $0.00000493 ▲ 2.07% PEPE $0.00000291 ▲ 3.00%
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Piyasa Stablecoin

Buy AUD/NZD on next minor BOS

Buy AUD/NZD on next minor BOS

I had a similar trade 2 weeks ago but price action never reached my entry. This pair is approaching a very important level of Weekly 23.6% Fib retracement going back to April last year. I would expect a bounce at minimum but usually a larger correction on first attempt. There is employment data out of New Zealand tomorrow which could be the catalyst for a bigger move.

Buy Limit : 1.1913 minor BOS

Stop : 1.1843 under 23.6 Weekly Fib level

Profit : 1.2088 50 Daily MA ( moving)

Risk 1 : 2.5 / stop is 70 pips.

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