BEARISH ENGULFING CANDLE + TREND LINE BREAK Short

Australian Dollar/New Zealand DollarFXCM

Description

⋅ Sep 1, 2020 3:03 PM

AUDNZD MAY BE COMING TO THE END OF ITS BULLISH PHASE. THE BEARISH ENGULFING CANDLE PAIRED WITH THE FACT THAT IT IS BREAKING THE LONG TERM BULLISH TREND LINE SIGNALS A REVERSAL TO THE DOWNSIDE.

Trend Analysis