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AUDNZD: Important Breakout & Bullish Continuation

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
VasilyTrader  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Chart Patterns Flag australiandollar aud AUDNZD newzealanddollar forecast Forex Technical Analysis trader
36
24
trendanalysis chartpattern flagpattern australiandollar aud audnzd newzealanddollar forecast forex technicalanalysis trader
snapshot

AUDNZD reached a strong key daily structure support.

on hourly time frame, the price has violated a resistance line of a bullish flag pattern.
the breakout is considered to be confirmed and bullish continuation is now expected.

the blue area on the chart gives the safest zone to buy from.

target levels:
1.087
1.089
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