ashpraashant

AUDNZD - Sell for short term

Short
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Looking to short AUDNZD short term , looking to get out of the trade before FOMC.

Price has made a local high, there should be a 0.5 - 0.618 retracement before price goes back up to make a double top.

Traditional prices tend to rise in SEPT followed by a drop from OCT - DEC

Looking forward to short AUD/NZD October onwards once the price action gives bearish confirmation.
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