ttafa

AUDNZD wedge break and re-test BIG trading opportunity.

Long
FX:AUDNZD   Australian Dollar / New Zealand Dollar
AUDNZD recently broke out of its 4 year wedge and is now attempting to retest support around 1.100. If support holds and RSI stays above 40, price should accelerate toward wedge origin around 1.1660s. However RSI divergence on the daily timeframe warns to the possibility of a false breakout.
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