justatrader

AUDNZD - Waiting (patiently) for shorts - Long Term

FX:AUDNZD   Australian Dollar / New Zealand Dollar
9
Trend line has held and a double bottom has formed (although there is a 1 pip difference). RSI makes a swing failure pattern, rising above 30 (almost). A break above 34.09 today will confirm upward move in AUDNZD.

Broken supports at 1.0917, 1.1 and 1.111 levels, the areas to look for shorts.

AUDNZD should most probably be the pair to focus on in 2015.
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