FX:AUDNZD   Australian Dollar / New Zealand Dollar
132 3 6
I'm going to continue to watch this descending channel AUDNZD             has formed over the past month and a half or so.

What I'm looking for is a bullish break. It's showing some slight bullish divergence on the 4H RSI and when this pair reverses, breaking a channel it tends to move strongly and quickly.

With the current view after seeing a bullish channel break I will likely get into a long position with the final TP around 1.11
Heads up, sir. Tx for the cnfm!
dead2live dead2live
Maybe not lolz
QuileHills dead2live
Need to wait for bullish channel break. It will take a while to happen if it does happen.
+1 Reply
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