FX:AUDNZD   Australian Dollar / New Zealand Dollar
190 4 1
This long trendline from early 2009 was tested several times (blue arrow) over the last three years. I originally when long earlier last week when it tested 1.2585 and came out really shortly to wait for a better signal. Unfortunately, price action broke the trendline . I was hoping for a false breakout. but the weekly close below the line makes me wonder if further weakness is on the horizon for this pair. We shall see next week.
Followed.
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Agreed.
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Followed.
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Agreed.
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