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LewisGlasgow
May 12, 2016 12:14 PM

AUD/NZD - Direction 

Australian Dollar/New Zealand DollarFXCM

Description

Today we have one for the trend traders on a Daily chart with AUD/NZD.

Straight away you can see price has been trading within a range since early 2015, we are now testing our trendline below the 200 EMA. Will we keep pushing lower towards 1.05000 or bounce?

I'll be going into the lower time-frames for additional analysis, there is a lot of picture perfect setups already but if you have any confirmation long or short feel free to share it below.
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