EURNZD & EURAUD – Opposite trades in positive correlated pairs

Written by Raul Lopez on . Posted in Trades & Analysis

Sometimes these kind of setups happen, the EURNZD and EURAUD most of the time trade in the same direction, both of them are positively correlated. Today, this is not true. You don’t see often these pairs trading in opposite market conditions, and it is even less likely to get signals on both of them on the opposite direction, well… just got that…

Yesterday I got a signal to go short in the EURAUD, it is currently at +40 pips… and today, a few minutes ago a got my signal to go long in the EURNZD:

The EURNZD is still an order though… lets see if it gets triggered:

Entry order: 1.8222
SL: 1.8173
TP: 1.8616

Trade Safe!

Raul Lopez
Forex Training

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Raul Lopez

I've been trading the forex market for more than 11 years. All my trades are based on price action. Check out my Forex Coaching program, I can help you develop a system that helps you trade consistently.
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Raul Lopez Forex

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I like to trade using simple tools such as support and resistance levels, candlesticks, price action and others. If you like simplicity, you'll love my Forex Coaching. Read more about me.

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