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  • AUD/NZD (H4): Targeting key support   
  • Forecast: Supply tries to push price near 1.0940 (last lows)
  • Alternative Scenario: Retrace and upward move in the direction of resistance at 1.1320 
  • Comments: Price moves in a broad consolidation since last two months  
  • Payout: PUT @ 1.0980à 69% return expiring at 23:00GMT

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Member and editor of Finance Magnates - the biggest FX, and binary options B2B website. A graduate of the University of Economics in Krakow, active publicist since 2012. Technical analysis is always more important to him than the fundamentals – however, he does not reject the importance of macro data. As he assumes that, the simpler the better, he is a strong fan of Price Action trading strategy and Fibonacci retracements.