Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
AUDNZD DAILY DOWNTREND CONTINUATION
Australian Dollar / New Zealand Dollar
Short
AUDNZD DAILY DOWNTREND CONTINUATION
By ADAMMAC
Follow
Follow
Jun 21, 2016
4
AUDNZD currently sitting in a range bound market just waiting for the perfect opportunity to continue its downtrend.
MA crossovers confirming the potential continued down trend.
Plenty of space on the downside for targets 1, 2 to be reached.
Enough for around 180 pips in the long run.
After that theres much support which could see the reversal of this pair.
A clear cut breach of the critical zone on the weekly timeframe will confirm further.
AUDNZD
short
ADAMMAC
Follow
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.