AUDNZD The closing of the 1D candle is important.
The AUDNZD pair is testing the top (dotted trend-line) of the Triangle pattern that started on the July 24 High that was a rejection on the 1.093250 Symmetrical Resistance. Friday's candle broke but closed below it. If any manages to close above it, we will buy and target 1.09350 on a potential emergence of a Channel Up. If on the contrary its rejected, we will be bearish, targeting the Triangle's bottom at 1.07600.
A 1D candle closing above the Symmetrical Resistance or below Support 1 (1.073350) will be a bullish and bearish break-out targeting 1.010530 (Resistance 1) and 1.063250 (Higher Lows) respectively.
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A 1D candle closing above the Symmetrical Resistance or below Support 1 (1.073350) will be a bullish and bearish break-out targeting 1.010530 (Resistance 1) and 1.063250 (Higher Lows) respectively.
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