Four Reasons Why I Am Short AUD/NZD

Four Reasons Why I Am Short AUD/NZD


Short selling AUD/NZD based on moving averages, a resistance level and an MACD cross. Read how I’m planning to exit my trade, either winning or losing.

I went short AUD/NZD this morning. I am expecting the resume of the currency pair’s long-term downtrend towards 1.03. Here is why I am now short on the Australian dollar against New Zealand’s and how I will manage this trade.

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