We noted that AUDNZD is in inverse H&S pattern a few days back.
The pair has moved as we anticipated and current move is confirmed by RSI as well. We will wait a bit more for this sharp upward move to correct and produce a LONG opportunity.
We hope that it would be really good setup with respect to big yields as RBA and RBNZ rhetoric is widening the policy curve.
Waiting to enter LONG....
The pair has moved as we anticipated and current move is confirmed by RSI as well. We will wait a bit more for this sharp upward move to correct and produce a LONG opportunity.
We hope that it would be really good setup with respect to big yields as RBA and RBNZ rhetoric is widening the policy curve.
Waiting to enter LONG....