AUD-NZD Wait For Breakout! Buy!

Long

Australian Dollar / New Zealand Dollar (FX:AUDNZD)

FX:AUDNZD Australian Dollar / New Zealand Dollar

trendanalysis chartpattern waveanalysis audnzd aussie dollar forex trading sell short breakout

Hello,Traders!
AUD-NZD is trading in a downtrend
And the pair keeps falling without corrections
Which makes it oversold
And now we are seeing a breakout from a local wedge
Now, we are waiting for a breakout continuaton
So IF the price gets above the local resistance level
We might go long with the target nearby
Buy!
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