CapMoore

Price stands at Critical Resistance and attempted Breakout of TL

FX:AUDNZD   Australian Dollar / New Zealand Dollar
124 2 2
Price stands at 1,07 and is trying to breakout above the TL
going back to end of Oct-13. A close above 1,0740 may
expose 1,08 (Weekly R2). A failed breakout and close below
1,0650 may spur further downside and 1,05/1,04.
The actual top is higher @8350, slightly above R2 on your chart. This the price we should look for short if PA stops there. NZ trade balance tonight might influence a stronger move.
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CapMoore PRO fximperija
It will be interesting to see how deep it wants to reverse. Perhaps a AB=CD after a return to SR zone.
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