Could We See the AUD/NZD Reaching the 1.0480 Level ?

💡 Trade Idea

📉 Sell Limit AUD/NZD @ 1.0519

🎯 Target Profit 1.0480

🛑 Stop Loss 1.0537

❌ Do not risk more than 1% of your account on each trade

🙂 Good Luck!

The price is moving to the downside, and then posted a correction by ranging within a channel. Our expectation is a higher move towards the 1.0519 mark, and from there an aggressive move to the downside.