AUDNZD recently broke through a fairly significant piece of structure in the 1.0570s (see red circles on the chart). Until then this pair was in a strong bearish trend for months. This could be a reversal into a bullish trend, or it might just be a tease. Either way, since we're seeing higher lows and higher highs it's prudent to go with the trend. Now this pair...
AUDNZD to Move towards Parity. Awaiting for Pullback & High Probability Short is in the offing. if Pullback Extends above 1.12962 can Signal Re--entry into the Trading Range.
AUDNZD - Daily Time Frame - In a big channel (620 pips approx) Two scenarios: - A break below the orange dashed line, we might be going to the bottom of the channel (hitting the missed monthly and weekly pivots below) - A move to the north (most likely because of stochastic being in the oversold zone), price will probably hit the weekly missed pivots above price....
English : Bearish ai AUDNZD will tested at uptrendline and minor support. If this level break down, bearish target this week at 1.0870 Pay more attention on bullish movement, if bullish from uptrendline success break up bearish trendline, target at 1.1150 with maximum target at 1.1300 Indonesian : bearish pada AUDNZD akan teruji di uptrendline dan minor support....
#AUDNZD Sell Idea Breakout of trendline+Head n Shoulder, Now retesting, sell after confirmation.