The AUD/NZD currency pair is currently showing strong potential for further upside. This bullish outlook is supported by the formation of a well-structured Bullish Pennant pattern.
If the price manages to break out from this pattern, the upward move is expected to be significant, potentially reaching the predefined target level.
Recommendation:
- Buy AUD/NZD
- Entry: 1.09676
- Take Profit: 1.10145
- Stop Loss: 1.09357
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
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