The AUDNZD is approaching a long term technical setup. As seen on the weekly, a two head and shoulder pattern have begun to take place at around the 1.2700 resistance level

AUDNZD
*** This trade is only being considered as a purely Technical setup ***
Trade Summary:
Entry : 1.12000
Stop: 1.19000
Target : 1.0000
*** This trade is only being considered as a purely Technical setup ***
Trade Summary:
Entry : 1.12000
Stop: 1.19000
Target : 1.0000
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.