AUDNZD 1HR Potentially LONG
We have seen a double bottom form with strong divergence on the RSI. We had a breakout of the patterns neckline then we saw it respect the 100 MA and now Im waiting for a retracement down to the patterns neckline and it happens to be the 61.8% Fib level as well. So if i see this retracement and the rejection on the previous broken neckline and the 61.8% level i will take this long.
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