Hi there fellow traders, AUDNZD is looking pretty bullish for me. We have some confluence on this pair with a HEAD + SHOULDERS pattern forming on the 4H chart, a third bounce off our (support) trendline on the Weekly chart, and a bullish Bat harmonic pattern formed on our Daily chart. We might see this pair rocket in the upcoming weeks but I have my target set on 1.07350 - which has played as an important resistance for our previous structure. Let's see how it goes.
Trade active:
It is advisable to enter at around the same level support of the left shoulder, or after we get a neckline break + re-test.
Trade active:
Target reached, but price can still rally up further.