Here's probability on AUD/NZD. It's important that we wait for 1 of three confirmations as suggested in the chart.
1. We could form consolidation.
2. A break below the ascending channel would suggest a continuation of bearish momentum. If we get a retest.
3. A break above would suggest a continuation of the ascending channel. If we get a retest.
Only time will tell, wait patiently.
1. We could form consolidation.
2. A break below the ascending channel would suggest a continuation of bearish momentum. If we get a retest.
3. A break above would suggest a continuation of the ascending channel. If we get a retest.
Only time will tell, wait patiently.