AUDNZD Weekly Reversal or Weekly Retracement

By SmithFX_id
In this analysis i spot a regular bearish divergence on weekly timeframe

So there is 2 scenario

- This is a sign of weekly retracement

or

- This is a sign of a reversal into a bearish trend for the new trend change
arearesistenceareasupportAUDNZDDivergenceMultiple Time Frame AnalysisOscillatorsregulardivergenceSupport and Resistance

Disclaimer