AUDNZD Intraweek Technical AnalysisThe aussie has completed its downward correction against the kiwi , My idea for next week is to take long positions at 1.10528 ans 1.10664 with target of resistance of 1.110.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
Ossie
AUD NZD LONG!Going long at least until 108. Today there was decent volatility that resulted in a move upwards causing it to close well above both horizontal and diagonal resistance. I believe we are on the third wave of an impulsive move up. Higher highs and higher lows let me set my pitchfork for better understanding. Ichimoku cloud has been broken and the conversion line has crossed the base line. RSI overbought on the 4 hour. I would let it retrace a bit before shooting for the moon.
AudNzd Three White Soldiers Trend ChangeWe have a beautiful ABCD multimonth flagpattern on the AudNzd Pair.
I am expecting a strong bullish move towards 1.1230 in the coming weeks.
After breaking 1.0310 we didnt have any kind of follow through for several days.
Sellers are getting dried out, and i think bulls are showing a strong hand with three consecutive solid bull candles and moving again above 1.0310 we can also see a potential double bottom being formed, natural target would be around 1.1230.
I am entering on 1.0315 with a Stop @ 1.0235 and looking for a move towards 1.1230