AUDNZD Halfway through the bearish leg. You can still sell.
AUDNZD crossed under the 1day MA50 this week for the first time since May 24th.
That is the bearish leg from the Falling Resistance to the Rising Support in order to form the new Higher Low.
The 1day RSI just entered the 4 month Support Zone, where the price Low was formed at the bottom of the Support Zone.
This is still a good sell. Target 1.061500.
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That is the bearish leg from the Falling Resistance to the Rising Support in order to form the new Higher Low.
The 1day RSI just entered the 4 month Support Zone, where the price Low was formed at the bottom of the Support Zone.
This is still a good sell. Target 1.061500.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.