Day trading strategies on currency pair AUDNZD 15-07-2016 by AzaForex forex broker, how to increase your foreign exchange trading profits

Helpful advice on trading in the foreign exchange market.
While all currency pairs "pull the rope" and fighting for the palm of leadership in the Forex market, the Australian dollar is slowly gaining momentum and is becoming more expensive relative to many currency pairs. The currency chart clearly shows that the pair is in an uptrend. Price overcame the moving average and indicator shows a steady growth. This movement may be the beginning of a grand trend upwards as the price has not yet made any strong stops and corrections. Traders can look to the market situation and evaluate the risks and potential profit, join the bulls where the currency pair will give a new fresh blood to it and a good chance to grow. We will try to earn at least 100 points, and if the situation will go on prospective scenario will open long positions and earn more.
 
The price is above a simple moving average 200 MA and 20 MA indicating bullish trend.
The MACD trend indicator is above zero level now, indicating bullish movement.
 
If the resistance level is broken you can use the following recommendation:
•             Chart timeframe: H4
•             The trade recommendation: Buy
•             The level of entry into long position: 1.0700
•             The level of profit and close the position: 1.0800 (100 pips)
 
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Possible bullish movement in the breakout of the resistance level 1320
 
Forex currency pair GBPUSD
Possible bullish movement in the breakout of the resistance level 1.3500
 
Forex currency pair USDJPY
Possible bearish movement in the breakdown of the support level 106.20
 
Forex currency pair EURUSD
Possible bullish movement in the breakout of the resistance level 1.1170