Weekly Inside Bar - Reversal next week - BUY AUDNZD

110
Good afternoon traders,

The AUDNZD is creating an inside bar on the weekly time frame.
This is a strong reversal signal when at a major support or resistance level.

RBA Interest Rate decision next Tuesday. Due to a turn around in the housing market, as well as strong employment figures, the RBA could hold interest rates steady.

Jump down to a daily time frame there is also a bullish divergence on the RSI.

Any thoughts and comments welcome!

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.