AUDNZD Analysis: Price at the trendline
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.
You may share your opinions in the comment section. If you agree with the analysis you can hit the like to show support.
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.
You may share your opinions in the comment section. If you agree with the analysis you can hit the like to show support.
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