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ThinkingAntsOk
Feb 20, 2020 11:14 AM

AUDNZD A look on the Daily Chart by ThinkingAntsOk 

Australian Dollar/New Zealand DollarFXCM

Description

Use this as a guide to develop your view of the chart:

Main Items we can see on the Daily Chart:

a)The main structure is an ascending channel.
b)The price bounced from the lower trendline of the channel.
c)In the same zone, we can see proper support where the price reacted in the past.
d)The previous Bearish trendline has been broken.
e)Currently, we expect a continuation of the bullish movement towards the next resistance zone.
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