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TodRose

AUD/NZD - watching for pullback trade

Australian Dollar / New Zealand Dollar (FX_IDC:AUDNZD)  
TodRose  
FX_IDC:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Support and Resistance Candlestick Analysis
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trendanalysis supportandresistance candlestick
AUD/NZD - approaching support zone double bottoms on the monthly, previous lows on the weekly and daily, support zone and FIB level and dynamic support on the daily. The price is both overextended and oversold and in need of pullback on both the weekly and the daily. Therefore, watching the support zone between 1.0350 - 1.0390 for the price to slowdown, form reversal pattern and reversal candles and eventually offer long pullback trade.
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