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decmcl
Jun 4, 2020 10:53 AM

AUDNZD Long Long

Australian Dollar/New Zealand DollarFXCM

Description

Chart is looking a little bit messy here but tried to keep it as clean as possible. Wanting price to come to the area of STRONG resistance one final time before downtrend officially starts. Fib channel tool has been used and price seems to be bouncing quite strongly on the first line towards the 25% line so take your profits wisely. The heart-line has been touched numerous times also. There has been a bullish hammer formed on support line followed by a strong bullish candle. (30m).
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