Possible Bullish Resolution on AUDNZD
Main items we can see on the chart:
a) The price is above an ascending trendline
b) Currently, we can see a corrective structure (this type of structure tends to have a bullish resolution)
c) The corrective structure is supported on a relevant level
d) If the price breaks above the corrective structure we expect a bullish resolution towards the next level
a) The price is above an ascending trendline
b) Currently, we can see a corrective structure (this type of structure tends to have a bullish resolution)
c) The corrective structure is supported on a relevant level
d) If the price breaks above the corrective structure we expect a bullish resolution towards the next level
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.