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JSAL
Jun 27, 2023 1:11 AM

AUDNZD getting ready for a reversal to the UPSIDE. Long

Australian Dollar/New Zealand DollarFXCM

Description

AUDNZD extended its correction to 0.5 FIB levels. Based on 4H data it is currently boucing off this 1.08 range with precision.

Expect some significant price growth from the current range.

KEY NOTES:
Unusual Gap Jump on histogram -- hinting of significant net buying / accumulation.
0.5 FIB Level bounce -- buyer's demand area.
Weekly/Monthly price shift -- firm on goal: upside continuation.

Spotted at 1.080

TAYOR
Safeguard capital always.

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ANNUAL (12-MONTHLY) CHART: This longer-spectrum timeframe chart should bring confidence.

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MACRO UPDATE: DAILY DATA - UPSIDE pressure for AUDNZD ON!

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Daily data update:

BACK to strong base. Ascend expected.

TAYOR.

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Based on weekly data metrics, this is aiming for 1.14.

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Weekly data update:

consistent higher lows.

weekly breakout is on queue.

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Inevitable will happen.

Reference: Weekly data

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MICRO update 4H:

AUDNZD is ready for another upside attempt soon.

TAYOR.

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Legit break on weekly.

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Reattempt

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Attempt to reverse the upside has commenced based on 4H.

Price detached from bear trend line from the attempt base.

Spotted at 1.0680



TAYOR.

Comment

typo:

Attempt to reverse "to the upside" has commenced based on 4H.

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Weekly data update:

AUDNZD is very much ready to rise from the current range.

Weekly price line bending significantly creating 'v' shape as confirmation.

Expect ascend from here on. Spotted at 1.065

TAYOR.

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It's pacing up now. SEED.

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+150 captured after that breakout from 1.065 spotted range.

Congrats holders.

Based on weekly metrics, upside continuation is order.
Bulls dominating the trend.
New targets are 1.10 then 1.14

TAYOR.

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Weekly data update:

We got a breakout on weekly.
Expect more ascend from here on.

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4H data update:

Upside continuation.

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Daily data update:

Upside continuation in order for AUDNZD.
Daily shift.

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Daily data update:

Target 1.10 now after that bounce from the resistance turned support area.

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A revisit to previous resistance is in order -- with prospect of breakout.

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en route to to 1.0850

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AUDNZD preppin a Merry Christmas. :)

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Two words. DON'T DOUBT.

Confirmation is UP (Long).

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Daily data update:

AUDNZD is now at the heat zone area on the daily with a breakout.

Expect more rise from here.

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We got a breakout on weekly.

200-300 pips ascend is a firm target.

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A massive short squeeze awaits this soon.
The narrowing space range on its asymmetrical triangle is evident now.

TAYOR.

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CONGRATS HOLDERS!

What a generous rise +140 pips! :)

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We've risen +300 pips already from our original spot range at 1.070 area.

This has shifted massively on its long term trend. MORE exponential price growth ahead for this pair.

TAYOR.

Comments
TheFxAce
This buy signal of yours seems promising. Great job on the analysis!
JSAL
@TheFxAce, Thank You. :)
JoeChampion
I like the idea
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