Daily trading Analysis for AUDNZD

  • Mar 25 2021
  • by
  • Analyst AZA
Daily trading Analysis for AUDNZD

Daily trading Analysis for AUDNZD for beginner in forex trading

The Australian dollar looks much stronger than the New Zealand dollar. There is a growing trend on the daily chart, which means we are following along with the general direction of the market and joining the bulls.

Symbol: AUDNZD
Order Type: Pending Order - Buy Stop
Entry Price: 1.09400
Take Profit: 1.10200
Pips Earning: 80
Stop Loss: 1.09200
Pips Risk: -20

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In this position, the profit can be $619.60 if the trading volume of 1 standard lot.

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