Hello Sophisticated Trader,
The $NZDUSD has a similar setup with the $AUDUSD, coupled with the renewed dollar strength that could potentially make this pair an attractive sell for a test of .6200. Any retest of .6500 would support a short and only a break and close above recent high would negate the potential test.
Remember to buy on support and sell on resistance.
Minimize your risk and Maximize your profits.
Like, Comment, and Follow.
Let’s Make Money Together!
Happy Trading!
Dr. Lydia Smith
As a Sophisticated trader, we teach you what you need to know about trading.