AUDNZD Potential Short!

Short

Australian Dollar / New Zealand Dollar (FX:AUDNZD)

FX:AUDNZD Australian Dollar / New Zealand Dollar

Trend Analysis Chart Patterns Wave Analysis AUDNZD audnzdshort audnzdanalysis audnzdforecast audnzdsignal audnzdsell audnzdidea audnzdstrategy audnzdsignals

trendanalysis chartpattern waveanalysis audnzd audnzdshort audnzdanalysis audnzdforecast audnzdsignal audnzdsell audnzdidea audnzdstrategy audnzdsignals

AUD-NZD is trading in a rising narrwing wedge
And the pair will soon retest a horizontal resistance
So IF we see a bearish breakout from the wedge
A bearish move down will follow
However, IF the daily resistance AT 1.09907 is broken to the upside
The setup is invalid

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