About meI am a Forex trader and my blog will serve as a frequent online journal for my analyses to be shared with everyone.
Every analysis will be explained in details including the indicators used, the route of the trend in the future and etc.
A trend was going upward and then for some hours started a down trend but a green hourly candle will indicate the initiation of another upward trend benefiting also from difficulties regarding Japanese Yen.
I think that AUDNZD candles will soon cross the lower border of Bollinger Bands and eventually today will lead to a buy order in sight. Additionally this may also be supported somehow from the news of NZD even though they may cause a drop, eventually the pair will go long at least for 2-3 days according to my opinion.