Audnzdbuy
AUDNZD we can see break of bullish structure. Price formed higher highs and higher lows. It then created strong bearish candle that broke trendline and also created new lower low. Soon after price failed to push through the previous high and created new lower high. Price then confirmed the reversal with break of previous lower low level.
Full Analysis On AUD/NZD My Opinion For Next Movement Next DaysThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUDNZDThe AUD/NZD pair has attracted significant bids at around 1.0834 as the Reserve Bank of New Zealand has raised its Official Cash Rate (OCR) higher than the street expectation. RBNZ Governor Adrian Orr has announced an OCR hike by 50 basis points (bps) while the street was expecting status-quo maintenance by the RBNZ.
AUDNZD to balance orders before rocketing to Weekly HighsLiquidity grab on Daily Timeframe must bring about a balancing move where Smart Money will close all short orders currently in drawdown. This is needed before price targets Weekly Highs. We are at Discount in the Monthly range, Upside expected.