AUDNZD. Set to rise for next week!
https://www.tradingview.com/x/3ri4zh4B/
On the daily timeframe the moving averages are setup in alignment and this trade is with the trend as the daily 200ema sits just below price.
On the 4HR timeframe there was some bullish RSI divergence where the RSI made a higher high but the AUDCHF went lower. This should also cause a momentum shift upwards.
On the daily timeframe the moving averages are setup in alignment and this trade is with the trend as the daily 200ema sits just below price.
On the 4HR timeframe there was some bullish RSI divergence where the RSI made a higher high but the AUDCHF went lower. This should also cause a momentum shift upwards.
Note
.......should read "AUDNZD went lower"
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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.