HINDALCO Longperfect retest of the breakout we had post 4 years or so of ranging. We should now start moving up towards the tp targets. Patience and manage volatility.
Retestandbreakout
AUD/NZD - LongAUDNZD is resting a key level of previous resistance on the daily time frame.
A closer look on the 4H chart shows price hovering around a key 61.8% Fibonacci level.
We can see some nice bullish confluence on the 4H chart for a potential entry:
-Support on the trendline
-In line with the current uptrend and 200 day EMA
- Confluence among indicators
-Potential retest of previous key resistance level
