The AUD/NZD launched itself today, as the Aussie benefitted directly from the rise in gold prices. The pair has been in an uptrend for ages, and this move might signal another leg up now. The 1.33 could be used as you stopping point, as if it gets violated – the move would be false. However, buying has always been our preference, and this candle only strengthens that view.
Originally posted here
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