John_Mwaniki

AUDNZD Analysis: Price at the trendline

Short
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
The price has been following both an ascending channel and a falling trendline.
It has previously respected the trendline for four times and has come to test it for the fifth time.
If it bounces off then it will be a good sell opportunity.
Breaking of the trendline will invalidate this idea.

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