Price made a few failed attempts to break higher but quickly reversed at resistance area 1.0520-1.0545 I expect the pair to find support before bearish traders return to fade into any moves towards 1.0426 resistance to target 1.0285 as 1997 lows. A break beneath here should see.the 2015 lows.
Waiting for the breakout to see an impulsive move! Short the breakout.
Selling with only a few pips SL, I think its time for this bad boy to go down. great risk ratio !
AUDNZD Sell Idea This pair shows us a bearrish convergence on the H4 chart. But needs to retrace before continuing to new lows. The Bullish hidden divergence on the H1 chart might do that. The plan is to wait for a doube wave retrace upwards. Price must cross 1.12 before we can sell the bottom TL in order to complete a double wave cycle aiming 1.1138 SL last...