A #short trade opportunity recently presented itself on the #aussiekiwi (#AUDNZD) #trading chart 📉.
This is indicated by the #bearish harami candlestick 🕯️ pattern just below the 1.09380 horizontal resistance level.
This indicates a rejection of the same level, with potential price move in the downward ⬇️ 👇 direction (#sell).
Sufficient downward momentum should see price dumping towards the 1.06500 psychological level and possibly testing the strength of the 1.06175 horizontal support level.
As always, please apply appropriate risk management: you might want to keep your eyes on the New Zealand employment and unemployment figures due to be released at 22:45 (GMT+1).
Happy trading!
#crosspair
This is indicated by the #bearish harami candlestick 🕯️ pattern just below the 1.09380 horizontal resistance level.
This indicates a rejection of the same level, with potential price move in the downward ⬇️ 👇 direction (#sell).
Sufficient downward momentum should see price dumping towards the 1.06500 psychological level and possibly testing the strength of the 1.06175 horizontal support level.
As always, please apply appropriate risk management: you might want to keep your eyes on the New Zealand employment and unemployment figures due to be released at 22:45 (GMT+1).
Happy trading!
#crosspair
