AUDNZD 1HR Potentially LONG

28 Eki 2020

We have seen a double bottom form with strong divergence on the RSI. We had a breakout of the patterns neckline then we saw it respect the 100 MA and now Im waiting for a retracement down to the patterns neckline and it happens to be the 61.8% Fib level as well. So if i see this retracement and the rejection on the previous broken neckline and the 61.8% level i will take this long.