ThinkingAntsOk

Prepare your longs for AUD/NZD by ThinkingAntsOk

Long
FX:AUDNZD   Australian Dollar / New Zealand Dollar
4H CHART EXPLANATION:

As explained below on the Daily Chart, there is a strong upside potential here. However, in the 4H chart, we can observe that there is a Descending Trendline. To get a better scenario, we will wait for a breakot of this trendline to take short positions on this pair.

DAILY CHART ANALYSIS:


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.