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 overall monthly timeframe is bearish .

Weekly: The last weeks are very bullish but the price is at a strong weekly resistance area and the possibility exists that the price will bounce off there.

Daily: Daily is bullish but the price breaks the counter trendline and retest it.

H4: On the h4 timeframe we see a double top at the weekly resistance.


Have a nice day.
Nice setup! Almost have the exact same one, I love it.
+2 Reply
@reubenroyal, thank you buddy!
+1 Reply
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