AUDNZD: The Oversold Market at The Support
The price reached the support zone at 1.04500 level, and we will be able to get a reversal candlestick pattern soon.
RSI reached the oversold zone. It tells us the market to think about an upward movement. MACD histogram provides a bullish signal and supports buyers.
In spite of bearish signals from DMI and MACD lines, I would like to search for buy opportunities using the daily and lower timeframes. Buy trades looks much better in the oversold market at the support zone than sell trades. I add this market to my watch list, and I advise you to do the same. Let's wait for clear trading setups together.
RSI reached the oversold zone. It tells us the market to think about an upward movement. MACD histogram provides a bullish signal and supports buyers.
In spite of bearish signals from DMI and MACD lines, I would like to search for buy opportunities using the daily and lower timeframes. Buy trades looks much better in the oversold market at the support zone than sell trades. I add this market to my watch list, and I advise you to do the same. Let's wait for clear trading setups together.
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💎 Share My BEST Trades here 👉 bit.ly/wubits