AUDNZD Weekend Technical Chart Analysis on Weekly timeframe
Weekend - is the best time to be prepared to the next Trading week.
After an impressive rally over the last month, the AUNZD has now run into a key resistance zone between 1.0850 - 1.0900 area that may cause price to rotate lower. Due to the strength of this long-term resistance, I'm taking a bearish bias whilst price is contained near that area. You can watch for sell signals this week whilst under 1.0950 to get short in anticipation of a move to the downside from resistance.
Potential Risk Reward is about 1:3 or 1:4
After an impressive rally over the last month, the AUNZD has now run into a key resistance zone between 1.0850 - 1.0900 area that may cause price to rotate lower. Due to the strength of this long-term resistance, I'm taking a bearish bias whilst price is contained near that area. You can watch for sell signals this week whilst under 1.0950 to get short in anticipation of a move to the downside from resistance.
Potential Risk Reward is about 1:3 or 1:4
Not
Long-term ideas are performing better than short-term, it's my experience. Nice falling down predicted 1 month ago
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.