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AUDNZD Short Term Sell Idea
Australian Dollar / New Zealand Dollar
Short
AUDNZD Short Term Sell Idea
By VladimirRibakov
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Feb 16, 2023
2
Feb 16, 2023
D1 - Price has reached a key resistance zone.
Bearish hidden divergence followed by continuing bearish divergence.
H4 - False break with bearish divergence.
If the price breaks below the last low at 1.09283 with momentum I may then expect short term bearish moves to happen here.
Alternatively if the price moves higher breaks and holds above the key resistance zone then this bearish view will be invalidated.
AUDNZD
Bearish Patterns
bearishdivergence
bearishhiddendivergence
falsebreak
keyresistancezone
Multiple Time Frame Analysis
SELL
Support and Resistance
Trend Analysis
VladimirRibakov
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