Alexander_Harford

AUDNZD🇦🇺 🇳🇿 to pullback from 1.07550

Short
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
We have quite ambiguous situation for the #AUDNZD🇦🇺 🇳🇿 : You can see the strength of the 1.07550 Resistance that rejected the pair in November. On the other hand we have just bounced from the trendline which has not proven its strength yet , thus there is no reason to expect a good spike here. Moreover , we RSI suggesting that the pullback is highly possible so I would short from 1.07550 area.

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