-600 Points reached in AUD/NZD Buy Signal

Reason for Buying AUD/NZD :

AUD/NZD was moving between the ranges in H1 Chart.

Finally, Market broken the top level of the range and starts to move up.

After the confirmation of Breakout, the Buy Signal was given to our members.

Due to the negative result of Fundamental event “Australian CPI (Consumer Price Index)”, AUD has become weaker in short time.

This is the reason for AUD/NZD to fall down.

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Forexgdp Team.

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