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AUDNZD: High Probability Sell Opportunity

Short
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
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FX:AUDNZD   Australian Dollar / New Zealand Dollar
AUDNZD medianline Wedge
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audnzd medianline wedgepattern
AUDNZD is moving into a rising wedge, with price having reached the 0.786 fib retracement of previous downmove. A bearish divergence at MACD shows that we may soon have a reversal most likely after the breakout below the wedge. So after the breakout we should watch for a sell setup to complete based n our strategy and go short with AUDNZD.

snapshot

Have a nice trading week..!

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