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Bullandbeartrading

AUD/NZD Trade Idea

Short
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
Bullandbeartrading  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators AUDNZD short countertrendline Forex swingtrader
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trendanalysis chartpattern indicator audnzd short countertrendline forex swingtrader
Hello and welcome to my Trade Idea of the currency pair AUD/NZD.

Lets start with the Top Down Analysis.


Monthly: The monthly timeframe is in a beautiful downtrend.


Weekly: Weekly is bearish too with a crazy bullish weekly candle this week, so next week a pullback is highly probable.


Daily: On the daily timeframe we see the bullish pullback in more detail.


H2: We draw the counter trendline and wait for a confirmed breakout.


Have a nice day.
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