leszekstanislaw
Short

AUDNZD - short in long term?

FX:AUDNZD   Australian Dollar / New Zealand Dollar
22 1 1
Two scenarios - bounce S/R or breakout S/R, pullback, bounce another S/R - bot scenarios in long term are short...
Prices are trading above the Daily 200 MA which in my opinion signals a bullish bias. If the short scenario is intact, I would only go short after a candle close below the 1.05719 level. I agree with your upward scenario though. Happy trading :)
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