Timing is key
Short

AUDNZD240 Interesting Symmetry

FX:AUDNZD   Australian Dollar/New Zealand Dollar
286 3 2
Hello all,

We have an interesting play on the AUD/NZD             longer term downside to test the initial target around 1.01250 before finding support to the upside initial target to 1.01750 and breaking that larger median line at around 1.02300. Supporting this view we have 1. The possibility of a repeating downward range that lines up nicely with both lower parallel, the smaller green dotted median line and the upward reaction low target.

Let's see how this unfolds

Sincerely,

TIK
jangseohee
2 years ago
lets be conservative and aim for 1.01500 and see how it behave :-)
else it could go all the way down
snapshot
Reply
fxmentorbd
2 years ago
This is my view on this pair:
snapshot


AUD/NZD: Bearish Outlook
Reply
jangseohee fxmentorbd
2 years ago
abyss
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out