Using Chris Moody's Slingshot System to identify aggressive entry points. Prices tend to cross past or into the sling before big trend-following moves. AUDNZD has pulled back from the top of a channel over the past 8 hours. Using Connor's 2-period RSI, AUDNZD is extremely overbought and a big trend-following move is likely.
Recommended SL: 1.06
Recommended TP: 1.051