Javierif14

AUDNZD Short idea (flag pattern)

Short
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Following the downtrend, we can say we see a 'clear' short opportunity by looking at the flag pattern, which is a continuation pattern. The price could also reach a 50% or 61.8% level from the fibonacci and combining it with the support/resistance zone, and the possible retest to the 50 EMA, it could be a potential trade.
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.