FX.co ★ AUD/NZD - take profit!

Good afternoon traders! Here is the development of the previous trading idea for the AUD/NZD pair.

Based on the trading idea on April 21, 2020, we arranged sell limits for the AUD/NZD and AUD/CAD pairs.

I suggest closing the grid on AUD/NZD in the general area or under the round level of 1.06, depending on the average price of the set.

The idea is based on the average pullback within the framework of the grid method used in trading certain cross-rates.

Congratulations to those who used our trading idea!

For the AUD/CAD pair, I suggest holding your positions below the 0.9 level.

Good luck!