MD-RUBEL-KHAN

AUD/NZD Bearish Trend Chart

Short
FX:AUDNZD   Australian Dollar / New Zealand Dollar
  • AUD/NZD Chart now at descending channel.
  • Fibonacci 0.5 label.
  • 200 EMA 1.0580 resistance on 4 hour time frame.
  • Trend follower can take entry from this label.
  • On the other hand, AUD bulls can also plan trades around a potential upside breakout above the 100 and 200 SMAs.
  • Which over bias u take entry, make sure used wide stops.
My article is here https://www.fxvolatile.com/2020/12/auzndz-trend-chart.html

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