AUDNZD: Time To Expand The Pattern Even More?
Güncellendi
AUDNZD: Time To Expand The Pattern Even More?
Technical Analysis:
From 01-Jul-24 the AUDNZD is moving within a major corrective pattern.
The pattern shows strong horizontal resistance at the top and continues to expand at the bottom thus indicating that the volume of the drop is increasing each time the price resumes the downward movement.
AUDNZD can retest again the support line of the pattern near 1.1040
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Technical Analysis:
From 01-Jul-24 the AUDNZD is moving within a major corrective pattern.
The pattern shows strong horizontal resistance at the top and continues to expand at the bottom thus indicating that the volume of the drop is increasing each time the price resumes the downward movement.
AUDNZD can retest again the support line of the pattern near 1.1040
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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