jhardy35862
Short

Possible AUDNZD Short setup

FX:AUDNZD   Australian Dollar / New Zealand Dollar

Possible short setup for AUDNZD on the 1D time-frame.

The pair has risen to meet a long-term ascending trendline and is showing signs of consolidation, particularly evident on the 4H chart.

The RSI is showing the pair is currently overbought and MACD is close to signalling a fall.

I am waiting for a little more consolidation and confirmation of a couple of bearish candles + MACD before taking a position.

I see the trade being short down to at least 1.05350 which is a previous resistance, but there is scope for further downward pressure.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out