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AUDNZD on the way to the Target by ThinkingAntsOk
Australian Dollar / New Zealand Dollar
AUDNZD on the way to the Target by ThinkingAntsOk
By ThinkingAntsOk
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Jul 30, 2020
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Jul 30, 2020
Main items we can see on the chart:
a)
We observed a clear minor corrective structure after the breakout of a major corrective structure
b)
This structure was also supported on a clear horizontal zone (support/resistance)
c)
When we find this kind of situations with coherence in multiple aspects, we can say we are in front of a high-quality setup
d)
The movement is currently going as expected (from a technical perspective) and we wait for the resistance zone to be hit
aud
AUDNZD
Forex
fx
Multiple Time Frame Analysis
NZD
Support and Resistance
swingtrading
Trend Analysis
ThinkingAntsOk
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