Waiting for a correction on AUDNZD by ThinkingAntsOk
Main items we can see on the chart:
a) The price has reached a major Resistance Zone
b) Before that, we have observed a breakout of a clear corrective Structure
c) The Target of that breakout goes beyond the current resistance
d) However, we expect a correction on the current level before the continuation of the bullish trend
a) The price has reached a major Resistance Zone
b) Before that, we have observed a breakout of a clear corrective Structure
c) The Target of that breakout goes beyond the current resistance
d) However, we expect a correction on the current level before the continuation of the bullish trend