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Adam_hazouri

AUDNZD /Price Action / Chart Pattern/

Short
Australian Dollar / New Zealand Dollar (FX_IDC:AUDNZD)  
Adam_hazouri Updated   
FX_IDC:AUDNZD   Australian Dollar / New Zealand Dollar
Support and Resistance Trend Lines Chart Patterns
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supportandresistance trendline chartpattern
The Price broke the weekly uptrend and tested it twice and reverse with a long tailed pin bar. If the Price break and close under the support level of /1.05446/, the selling trade will be active.
Here is the weekly view.
snapshot
I see that the price can hit the low of /1.01000/ but I won't open a long term trade.
Comment:
The trade hasn't been active yet. It is going to be active if the price break and close under /1.05446/
Comment:
I still think that the price is going to fall.
snapshot
Trade active
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