Technical analyses on AUDNZD my point of view comment and share your view
With USD increasing in value and CPI data coming out on thursday, If price respects trendline I will be looking to buy USD with a very tight SL.
I entered the trade after a break of the bullish trendline and I am targeting 139.456 FX:EURJPY
With the recent monetary policies of NZD and from my technical analyses, I am currently shorting the pair and targeting 1.93803.
Price breaks a bullish trendline and is retesting it in a channel, it then rejects at 50% Fib Levels. I would be looking to short the pair after a break of the retest trendline with a target around 0.85713.