AUDNZD: Finally a BULLISH setup completed!

Heads Up mates, this pair has completed multiple bullish technical signals.

• The price has been consolidating in a sideways range for the past multiple weeks
  
• The consolidations was around multiple long term rising trend line clear on the weekly charts.
  
• The consolidation was in the shape of an inverse head and shoulders bottoming pattern
  
• Today's giant bullish candle completed a breakout above the Inverse H&S neckline in addition to the falling trend line for the latest bearish trend
  

I am looking to buy this pair on a pullback to 1.0525-1.0535 area. I will post my trade when I initiate it.

Trade with Care
Best
Technician

Yorum:

We might head to resistance outlined in chart before pulling back again.