AUDNZD: Waiting For Breakout 🇦🇺🇳🇿

Short

Australian Dollar / New Zealand Dollar (OANDA:AUDNZD)

OANDA:AUDNZD Australian Dollar / New Zealand Dollar

Triangle Trend Lines Elliott Wave AUDNZD priceaction priceactionanalysis priceactiontrading priceactionstrategy priceactionsignals Contains image

triangle trendline elliottwaves audnzd priceaction priceactionanalysis priceactiontrading priceactionstrategy priceactionsignals containsimage

snapshot

AUDNZD is trading in a bearish trend.
The price is currently accumulating within a descending triangle formation.

1.067 - 1.069 is its neckline.
If the price breaks and closes below that on a daily, probabilities will be high that the market will drop lower.
Next support will be 1.0627

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