KlejdiCuni

AUDNZD: A Bunch Of Ugly Patterns

Short
FX:AUDNZD   Australian Dollar / New Zealand Dollar
AUDNZD: A Bunch Of Ugly Patterns

Over these months we have seen the AUDNZD didn't stop the bullish movement at all.

The interesting fact is that the bullish waves were created with a lot of ups and downs and very low volume.

It can be clearly seen how the price has developed the patterns.

As we can see on the chart, it is a kind of Head & Shoulders pattern that can push the price back down.

However, considering the pattern will be a bit risky.

Targets on the chart!

Thank you and Good Luck!


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