jayson.batbatan

AUDNZD - Price Action, Candle analysis

OANDA:AUDNZD   Dollar Australien/Dollar Néo-zélandais
Circled bars indicate bulls and bears fighting it out, at first circle price went down but on the 2nd and 3rd circles the bulls are pushing price higher. So I am currently short term bullish on this pair. I have marked my potential entry point at support rectangle area and potential TPs at initial TP and Final TP.

I will however wait for confirmation candles when price moves to my potential entry area and if bulls do not fight the bears in that area, I am going to assume that bears won there since the recent news is bad for AUD.

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