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Forex_Godz

WE COULD HAVE A SELL ON AUD/NZD!!

Short
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
Forex_Godz Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Trend Lines Candlestick Analysis AUDNZD audnzdlong audnzdshort audnzdforecast audnzdsell audnzdanalysis audnzdbuy audnzdsignal audnzdsetup
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trendanalysis trendline candlestick audnzd audnzdlong audnzdshort audnzdforecast audnzdsell audnzdanalysis audnzdbuy audnzdsignal audnzdsetup
Price failed to respect the 4hr trendline after hitter a major resistance level at 1.10000. Price is continuing downward in the counter-trendline. We see that price broke the 1.08250 level and is now in the process of retesting it. We are waiting for a pattern or candlestick formation to form to place our trade. Tp set at 1.07500 because there are a lot of buy orders sitting within that zone due to a 50% Fibonacci line-up.
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