STOCHASTER

SELL SHORT TERM & BUY LONG TERM : AUDNZD

FX:AUDNZD   Australian Dollar / New Zealand Dollar
THE MARKET BROKE OUT OF THE HEAD AND SHOULDER PATTERN AROUND 9TH DECEMBER AND HEADED STRAIGHT TO THE MINOR RESISTANCE AREA

I EXPECT THE MARKET TO TREND IN AN UPTREND CHANNEL

THERE WILL BE A SMALL RETRACEMENT TO THE SUPPORT OF THE UPTREND CHANNEL AND A CONTINUATION TO THE RESISTANCE OF THE SAME CHANNEL


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