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FX.co ★ Trading idea for the AUD/NZD pair

Trading idea for the AUD/NZD pair

Trading idea for the AUD/NZD pair

Bulls are in luck today, especially those who followed our strategy to set long grids in the AUD / NZD pair.

As written in our article, long positions and buy limits were set up as follows:

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Trading idea for the AUD/NZD pair

Such is an example of grid trading, which is very profitable for cross-rates.

And, as of today, the AUD / NZD pair has reached 1.05500, which is our target level.

Trading idea for the AUD/NZD pair

Congratulations! You may now close your positions and claim the profit.

Good luck on your other trades!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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