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TradeTheVolumeWaves

AUDNZD - Looks like a Long But on Daily Resistance

Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
TradeTheVolumeWaves  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Wave Analysis weiswave wyckoff plutus speedindex volumeanalysis
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trendanalysis waveanalysis weiswave wyckoff plutus speedindex volumeanalysis
Every chart has a story to say, this is the story of this one:

  1. We have been up-trending until we hit a Resistance level coming from the Daily chart.
  2. Some Sellers at the top with PRS signal
  3. Pullback to Fib and buyers are there again
  4. Now something is cooking at the top again because we have and Abnormal Speed Index of 56.8. The Bias is for Long but we are at very significant Level, so anything is possible. Patience and wait for the reaction!


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