FX:AUDNZD   Australian Dollar / New Zealand Dollar
AUDNZD

Another day, another great opportunity for us trades to take advantage of. AUDNZD We are at key resistance when it comes to higher time frame including daily and weekly.

We could say we are within the channel for now but if we break below 50 EMA & of trendline support expect 1.09170 areas to be target areas. However, if we break the highs of 1.09865 then I expect we retest the highs again.

There are really clear levels in this, you could call this bear flag but let's wait and see!

Don't forget ...It is a Friday!

Trade Journal
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.