AUDNZD: Bullish Move After Breakout

127
📈AUDNZD has surpassed and closed above a key horizontal daily resistance level.

After retesting this broken structure, the price rebounded and broke above a resistance line of a falling wedge pattern, suggesting a strong likelihood of a bullish trend resumption.

The price is expected to reach the 1.0977 level soon.

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.