SELL AUDNZD-DAILY CHART DOUBLE TOP
Reversal at daily and weekly resistance. Sell 1.0900 Stop 1.0955. First target 1.0780, Second target 1.0680.
RBNZ measure of core inflation 1.7% y/y,(1.6% prior) - 7 year high gives some positive sentiment.
RBNZ measure of core inflation 1.7% y/y,(1.6% prior) - 7 year high gives some positive sentiment.
Comment:
Price moved 58 pips in trade direction but failed to reach T1 before taking out the stop. Price now testing daily and weekly resistance once again. Waiting for new set up.