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DeGRAM | AUDNZD pullback from the trend line

Short
Australian Dollar / New Zealand Dollar (OANDA:AUDNZD)  
DeGRAM  
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Support and Resistance Chart Patterns audnzdsignal audnzdanalysis
7
3
trendanalysis supportandresistance chartpattern audnzdsignal audnzdanalysis
AUDNZD is moving within the descending channel between the trend lines.

The chart instantly bounced lower after reaching the dynamic resistance level.

The price formed a bearish takeover.

We think that the price will correct from the resistance before continuing the momentum.


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