Hi Traders:

AUDNZD is at a key support area after an over extended drop from the top. We could potential see some bullish momentum coming in the market for a pullback/correction, or possible a trend change to the upside.

On the intraday charts, we are seeing some good bullish momentum, breaking to the upside. Now we will have to wait for a higher low or bullish flag to develop before considering enter a long position.

I will be updating the charts for any potential trade opportunities long.

Thank you for your support and feedback.

Note
Potential entry here. AS I am in the EURAUD trade alrdy, I will be on the side line for this pair.
snapshot
Note
Potential 4 hr entry here:

AUDNZD LONG TRADE SETUP

Also on:

Related publications

Disclaimer