jabariofafrica

AUDNZD ____ INCOMING BEARISH MOVE

Short
FOREXCOM:AUDNZD   Australian Dollar / New Zealand Dollar
Hello Guys,

AUDNZD has been on my radar for quite some time and right now, it has entered a key zone which is the weekly order block. This should help the price take a breather from all the bullish rally so far. As you can see on my chart, I have marked two levels where I would be taking profits if I manage to take this trade (my preferred short setup appears).

You will also notice that we have sell-side liquidity which price when it is ready to sell will likely hunt.

Follow me for more analysis.

See my analysis on AUDCAD


Cheers.
Jabari

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.