The Aud/Nzd made a brake to the upside of the 200sma SurpriseBox, when looking at the four hour chart. At present at a recoil presenting a opportunity to enter. Stop will be placed at the bottom of the box about 1.2590. Target will be the 800sma about 1.2800.
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
