AUDNZD - Descending broadening wedge

Australian Dollar / New Zealand Dollar (FX:AUDNZD)

FX:AUDNZD Australian Dollar / New Zealand Dollar

Trend Analysis Chart Patterns AUDNZD Forex currency

trendanalysis chartpattern audnzd forex currency

AUDNZD bounced off the descending broadening wedge support as expected from my previous analysis.
Price is testing the wedge resistance.
Bullish ⬆️ - breakout above the wedge resistance.
Bearish ⬇️ - breakdown below the minor trendline support + previous swing low.

Related Ideas

about AUDNZD

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.