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judgecannon

AUDNZD - big reversal coming??

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
judgecannon Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis AUDNZD NZD aud trend Trend Lines
1
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trendanalysis audnzd nzd aud trend trendline
It looks as though AUDNZD is returning back to the trend line on the daily - awaiting a reversal pattern or a strong bullish impulse to confirm that this trend line is to be respected.



Comment:
approaching the daily trend line. Awaiting a break and a close outside of the upper trend line in red or a reversal pattern eg H&S, double bottom etc. to signal a reversal

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Trade active:
I am long from 1.06076 - we will probably see a retest of this level of this initial surge.

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Trade closed: target reached:
This was a home run!

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