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TheSignalyst

AUDNZD waiting for the neckline break to buy

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
TheSignalyst  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators AUDNZD buy support Support and Resistance Forex break
15
0
trendanalysis chartpattern indicator audnzd buy support supportandresistance forex break
on DAILY: AUDNZD is sitting around a support zone so we will be looking for objective buy setups on lower timeframes.

on M30: AUDNZD formed an inverse head and shoulders pattern, so we are waiting for a momentum candle close above its neckline to buy.

we also have a divergence on MACD adding more confluence to our setup.
This analysis is done using RichTL
www.RichTL.com

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