FX:AUDNZD   Australian Dollar / New Zealand Dollar
Hello and welcome to my Trade Idea of the currency pair AUD/NZD .

Lets start with the Top Down Analysis.


Monthly: The last month is strong bullish but the overall trend is bearish .

Weekly: Here we see the pullback to the upside in more detail but the trend is bearish .

Daily: On the daily timeframe we see that the market is at a strong resistance area , we expect a bearish push.

H4: We draw on the h4 timeframe the counter trendline and expect a push to the low.


Have a nice day.
Nice call I think I am gonna trade this one
+1 Reply
@Junkievirus, thank you. But i have to say that this is not a trading advice.
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Junkievirus Bullandbeartrading
@Bullandbeartrading, That's my own view and I already have sell stop before looking at your analysis. What I am trying to say is our trading style is kinda same. and thank you for sharing this beautiful signal, it gives me confidence.
+1 Reply
@Junkievirus, ah okay buddy. That's also nice !
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