AUD/NZD Trading Recommendation for 26th July 2016

AUD/NZD bounced right above our stop loss and remains at a really good entry level to make a rise up to 1.0755. We can see that 1.0655 is fractal support and also corresponds with the ascending support we can see on RSI. We adjust our take profit to 1.0755, which is the last major swing high.

Trading Recommendations :

Buy now

Stop loss is tight at 1.0655

Take profit is at 1.0755