Hello and welcome to my Trade Idea of the currency pair AUD/NZD.
Lets start with the Top Down Analysis.
Monthly: Monthly is bearish .
Weekly: Weekly is bearish too with a beautiful and clear downtrend.
Daily: On daily the price consolidates a little bit. We look for short entrys.
H4: On the H4 timeframe i draw the support and resistance zones. We expect a push to the downside who make new lows.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: Monthly is bearish .
Weekly: Weekly is bearish too with a beautiful and clear downtrend.
Daily: On daily the price consolidates a little bit. We look for short entrys.
H4: On the H4 timeframe i draw the support and resistance zones. We expect a push to the downside who make new lows.
Have a nice day.