FX:AUDNZD   Australian Dollar / New Zealand Dollar
Market is testing the key resistance zone which is also the 50% Fib retracement of the huge down swing. RSI is showing overbought condition. I will not short blindly but wait for confirmation via price action. Let's wait and see what today's candle turn out to be tomorrow morning.
First let it get to the upper median line parallel of this Schiff median line set. Then watch, if it gets rejected on a touch or a fakeout, or if it shoots right through it and continues higher. I know it seems overextended to the upside, but it's still very strong, guys.
snapshot

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Failure to settle above 1.1019 definitely points to a drop, settlement above could also cause a dumping of weak longs.
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Just wait for the candle to light the path. I have no idea where this pair will go.
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It looks still bullish to me.
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Casey_Yeo ForceFollower
Yes, it sure does. That's why I will only short if there is price action trigger.
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