quantmiscs

Possible retest previous highs before falling.

Short
FX_IDC:AUDNZD   Australian Dollar / New Zealand Dollar
Hi everyone .I have seen that recently people think aud/nzd might start to decline.
1.When the price goes outside of upper bollinger band and the ma`s looking bullish ,there is a high chance that the price at least retests prev highs when d1 rsi hits 70 (overbought level).I think after retest happens price might have a chance to retest previous important levels shown on the chart.Lets see what happens .
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