AUD/NZD Short Bias Idea

8 בספט׳ 2019

Recently we've seen AUD/NZD gain a nice bull trend from its lows at 1.03549 with a 300+ pip move to the upside. Currently price is testing the 1.06950 zone with a triple top in play. Al-thought on the lower time-frames we've had a nice bullish trend, I'm still playing this trend on the short side based on the weekly trend being under the 200 EMA at this very moment and price is testing the area of the 200 EMA on the weekly. In the coming days / weeks I'll be looking for selling pressure or evidence price wants to come to the downside.