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Jacksonian

AUDNZD Long Divergence Head and Shoulders

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
Jacksonian  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Head and Shoulders Divergence AUDNZD LONG shorttermbull
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headandshoulders divergence audnzd long shorttermbull
The AUD has been weak, and the NZD has been strong, which has caused this drop. We could be expecting retrace to the 50% line, especially considering that there is divergence with the MACD. Also, we have an upside down head and shoulders, so there are lots of things pointing towards a 2-5 day ride up.
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