Wirehair
Short

AUDNZD short opportunity coming up

FX:AUDNZD   Australian Dollar / New Zealand Dollar
59 2 0
Completion of bearish cypher pattern coinciding with major resistance 1.083-1.084 and long term declining trend line . Also note that the CD leg of the cypher is in itself a nice AB=CD pattern.
Cheers
bigger TF is bullish... have you checked?
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Wirehair jago25_98
Thanks for comment and you are of course right. I should have put it in perspective. The overall technicals are turning bullish, but we are yet to break the long term declining trend line. The shorter term technicals here indicate that at first attempt may bounce off at the resistance area and retrace some of recent days gains, possibly down to support at 1.064 (which is also the 0.618 fib level), before resuming the bullish trend
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