AUDNZD has reached a strong support and re-tested that area, coupled with the formation of Shark pattern. There is hidden divergence on both RSI and X & D axis which indicates a bullish signal.
A buy to the next resistance zone as indicated in the chart is an ideal scenario.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Please add a comment... Positive feedback and constructive criticism are important to authors and the community.
A buy to the next resistance zone as indicated in the chart is an ideal scenario.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Please add a comment... Positive feedback and constructive criticism are important to authors and the community.