Monday, May 4, 2020
Trading the AUD/NZD Forex pair, part two. Here we can see the 4 hrs chart, to get a grip or a better view of the move we are monitoring on this pair. So far, a resistance line is shown, so we need the price to be on the upside of it. It moving slowly, by price moving in in short steps.
Once better volume or interest from investors is shown, we could see the final move that will make it a trending up Forex pair. Now, the too late to enter trend move on the 5 minutes chart, becomes a new great time to watch for an entry on the 4 hours char. From there, we can monitor in a 5 minutes and 1 hr chart when trading.
Thanks for reading and keeping up to date with our blogs and tweets. As always, enjoy.
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