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jm_rguez_

AUDNZD - Double top at key resistance on daily chart

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
jm_rguez_  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Chart Patterns
1
1
trendanalysis chartpattern
The pair is testing a key resistance and we can see twoo rejections in the daily chart. From here, we could expect it drops sharply up to the bottom of the pattern, where the support is based. The RSI metric is also supporting this idea since the value felt down from such level in June.

TP --> 1.03050
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