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03.08.202113:44 Forex Analysis & Reviews: Trading idea for AUD/NZD

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 03.08.2021 analysis

Following the scenario presented last July 26 , AUD / NZD rose and returned to 0.92500.

Plan:

Exchange Rates 03.08.2021 analysis

Result:

Exchange Rates 03.08.2021 analysis

Thanks to the buy orders placed every 500 pips, the pair was able to move by as much as 1,000.

Exchange Rates 03.08.2021 analysis

Congratulations to those who followed the strategy! Have a good day.

(Grid Trading was used to provoke market movement)

Andrey Shevchenko
Analytical expert of InstaForex
© 2007-2024

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