{"id":126701,"date":"2018-05-15T06:45:46","date_gmt":"2018-05-15T10:45:46","guid":{"rendered":"http:\/\/countingpips.com\/?p=126701"},"modified":"2018-06-01T15:39:47","modified_gmt":"2018-06-01T15:39:47","slug":"aud-nzd-strong-uptrend-continues","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/05\/aud-nzd-strong-uptrend-continues\/","title":{"rendered":"AUD\/NZD Strong Uptrend Continues"},"content":{"rendered":"
May 15, 2018<\/div>
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By Admiral Markets<\/b><\/p>\n

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Due to diverging RBNZ and RBA monetary policies, the AUD\/NZD has formed a strong uptrend breakout above the order block \/ MH3 confluence. Technically, if the price retraces to 1.0750-75 we should see another bounce towards 1.0876. However, another close above 1.0876 should provide a continuation towards 1.0926 and 1.0944. Around 1.0950 we might see short sellers coming as the M H5 is the strongest monthly resistance. Until then, buying the dip is the option.<\/p>\n

Source: Admiral Markets MT5<\/a> with MT5SE Add-on<\/a><\/em><\/p>\n

W L3 – Weekly Camarilla Pivot (Weekly Interim Support)<\/p>\n

W H3 – Weekly Camarilla Pivot (Weekly Interim Resistance)<\/p>\n

W H4 – Weekly Camarilla Pivot (Strong Weekly Resistance)<\/p>

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Free Reports:<\/p><\/div>\r\n

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<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

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<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

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M H4 – Monthly Camarilla Pivot (Very Strong Monthly Resistance)<\/p>\n

M L3 \u2013 Monthly Camarilla Pivot (Monthly Support)<\/p>\n

M L4 \u2013 Monthly H4 Camarilla (Very Strong Monthly Support)<\/p>\n

POC – Point Of Confluence (The zone where we expect price to react aka entry zone)<\/p>\n

Best wishes,<\/p>\n

Nenad<\/p>\n

Follow Admiral Markets<\/a> on Facebook \u2013 @AdmiralMarkets<\/a> on Twitter \u2013 for the latest market updates.<\/p>\n

This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Please note that such trading analysis is not a reliable indicator for any current or future performance, as circumstances may change over time. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks<\/a>.<\/p>\n

Article by Admiral Markets<\/b><\/p>\n

Source: AUD\/NZD Strong Uptrend Continues<\/a><\/p>\n

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Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By Admiral Markets Due to diverging RBNZ and RBA monetary policies, the AUD\/NZD has formed a strong uptrend breakout above the order block \/ MH3 confluence. Technically, if the price retraces to 1.0750-75 we should see another bounce towards 1.0876. However, another close above 1.0876 should provide a continuation towards 1.0926 and 1.0944. Around 1.0950 […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-126701","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/126701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=126701"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/126701\/revisions"}],"predecessor-version":[{"id":126706,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/126701\/revisions\/126706"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=126701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=126701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=126701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}