Audnzdlong
AUDNZD Analysis: Price may reverse upwardsLately this pair has had a very deep drop in price. It has reached the support line of a rising channel to test it for the third time.
The price is very likely to move towards the resistance line of the channel and of the major falling channel.
Lets wait for bullish reversal confirmations to go long for the pair.
AUDNZD LongAfter a long short, we do interested to see AUDNZD pair making a comeback from the low, but from the 1st week of Dec the selling pressure shows no stop. But currently it at a price of interest where a possible pullback is possible but bare in mind, break of the blue box area might be visiting 1.035 area again. We expect a pull back for this soon.
AUDNZD downside break quickly runs into a key stumbling blockThe key support level has been a level that buyers have leaned on for possible pullback.
The strong kiwi flows over the past two weeks have been in AUD/NZD as the pair slides back under 1.05 for the first time since August.
watch price action for possible pullback
AUDNZD LONGHi guys,
We have seen a tremendous downtrend in last couple of days and price has reached to major level of structure from where we see price reacts and we have a nice reversing candle on the 4h chart sitting at bottom suggests a trend reversal for now.
I have gone long and marked tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
Proyección en largo en divisa AUDNZDBuen día para todos los que lleguen a ver este análisis, les presento mi idea sobre este par de divisas.
El mercado me indica que luego de haber roto el banderín formado anteriormente, dando impulsos fuertes alcistas y respetando zonas importantes delimitadas en el gráfico. Utilizando la herramienta de fibonacci le damos cabida a la idea de tomar una posible zona de entrada del 61 al 78% del fibo, esperando que se siga respetando los movimientos de tendencia alcista.