AUDNZD - Expecting Breakout of Bear flag

6 בספט׳ 2017

AUDNZD has been overbought the last few weeks, taken it up to yearly highs for 2017, We have seen an impulse move to the downside and we are now in a Bear Flag, expecting further downside movement once a Breakout is formed.
Expected downside target of 1.0920 NZD expected to get stronger - short term pullback