Technician
Short

AUDNZD: One Last Downside Attempt!

FX:AUDNZD   Australian Dollar / New Zealand Dollar
820 2 11
We might get another bearish reactive bounce following the latest pin bar shown on chart and within the context of the overall bearish trend . However, i would be carfeull at current levels as the price has hit a major long term monthly support at 1.0430.

Guys, please check my new website http://thefxchannel.com/ , vote and subscribe , thank you...

come join me at https://twitter.com/thefxchannel
https://www.facebook.com/thefxchannel
Google             Plus : https://plus.google.com/+Thefxchannel0/posts
My best regards,
Technician
I teach my experience conclusions in 10+ trading strategies. PM me for details and cost.
This price zone is crucial if you are looking at the weekly chart. I do like your idea for a potential pullback, but I'm more interested in the upside potential if the latest spike low was a false break in the weekly chart
Reply
Looks great.
However I wonder if chart would not hit the line at 1.06483 and then bounce back to the target.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out