AUDNZD has completed a bearish wave and formed a reversal pattern at the bottom channel trendline. I am looking for an strong impulse up from the bottom, creating a buy setup. A correction is possible after initial impulse. Thanks for taking the time to look at my idea.
AUDNZD continued lower having failed to break on it's NFP move higher and is currently hovering above the RBA interest rate cut low, NFP today could give it some life but next weeks RBA will be more likely the next catalyst. A break below the 1.0320 area opens up potential move toward the 2015 low just above the parity level, if we see a dovish RBA next week we...
Audnzd seems completed its down move on Daily Charts other Things Also double bottom on Daily Chart. if hold above 1.03 Level 1.060-1.070 levels will not surprise So advice to buy pair in Range 1.0420-1.0350 with sl 1.0280 TP1 1.0570 TP2 1.0650
AUDNZD seems to be creating a near term uptrend based on the bounce off 61.8% retracement. I'm taking a trade at 1.05ish with a TP of 1.074. Placing some limit orders below at 1.041 and 1.031 just in case the trend doesn't materialize and it becomes another bunch of animals (bat, shark, crab or monkey!)
AUDNZD is coming to the bottom part of consolidation. Wait for the breakout down and long from there on good price action signal. It's a very long term trade.
AUDNZD now looking to correct from the breakout move that ending it's period of consolidation with 1.0550 area in view as the main support and where we would be looking at long entries for the start of a larger upmove with gains toward and above 1.3000 being eyed. The kiwi still maintains the carry advantage over AUD but we expect this to end with the RBNZ...
AUDNZD - Short from 1.07629 to 1.06 or 1.05 based on trend. The trend looks like a continuous swing up and down with an overall fall of a down trend. T/P 1: 1.06 T/P 2: 1.05 if the trend continues. S/L 1.08
audnzd weekly broke out and retested 5 year trendline. 4 hour now broke out of a bullish continuation pattern. Looks promising.
AUDNZD finished 5 waves, we are in the correction phase now. Price is looking for 50% or 61.8% retracement at the uptrend line. Short entries below A is good until 1.09500 area then look for longs
AUDNZD short here .
AUDNZD Same situation as GBPNZD, potential pattern forming. The targets are highlighted on the chart. Good luck
AUDNZD always respects AB=CD pattern. Bullish AB=CD is being formed. Target 1.2400. ROC13 on breakout.
AUDNZD forming a descending broadening wedge pattern @ 1.1300 structural resistance. If the resistance holds a short position can be taken towards 1.0800 level.
AUDNZD bullish run contained by trendline with AB=CD completion. If the trendline holds the price action may test 1.0800 structural support level. NOTE: Bearish divergence is also building on ROC.