AUDNZD Potential Upside?
The price has reversed from a support zone that is lined up with the bottom of a descending channel and it's moving higher.
The price broken out of the bottom of the channel and then made a reversal bullish engulfing candle and it has the potential to move towards the resistance zone.
I will be keeping an eye on this pair next week to see how it acts at the top of the trend line. If we see a rejection, it could potentially move up to the resistance zone.
The price broken out of the bottom of the channel and then made a reversal bullish engulfing candle and it has the potential to move towards the resistance zone.
I will be keeping an eye on this pair next week to see how it acts at the top of the trend line. If we see a rejection, it could potentially move up to the resistance zone.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.