Murci

Short trade taken on AUDNZD

Short
FX:AUDNZD   Australian Dollar / New Zealand Dollar
1
Monthly: bearish
Weekly: triple top, range broken and now being retestedm pennant pattern

Path of least resistance:TL, 20EMA, key line, go against the trend

Confluences:
1. Bounce off a key area and bounce off a TL
2.0.5 fib
3. deceleration
4.Triangle/pennant
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.