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joe-abdallah

AUDNZD testing a monthly resistance

Short
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
joe-abdallah  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Chart Patterns AUDNZD rsi_divergence SELL reversal tripletop
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trendanalysis chartpattern audnzd rsi_divergence sell reversal tripletop
As AUDNZD approaches a monthly resistance zone RSI shows bearish divergence on multiple scales from weekly to H4.
It is forming on lower timeframe (H4) a triple top, we can sell after a big candle close below the neckline till the next support.
Be careful, until the sell activation, AUDNZD can still be bullish breaking the resistance.

Goodluck,
Joe.
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