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mexeell
Oct 8, 2020 1:15 PM

AUDNZD , DAILY LONG TERM BUY Long

Australian Dollar/New Zealand DollarFXCM

Description

In the related idea analyst, I was expecting the price to follow its channel down to the support zone and bounce of it back to resistance.

We can see that the channel was broken and we see the trend breakout.

Looking at the chart on a bigger scale, we can see a new channel formating from 2 x higher heigh and 2 x lower lows.

The price is just about to break the resistance zone, once it does its a strong buy signal.
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