AUDNZD currently is testing a major resistance level which is psychological level as well.
The market is formed a double top with divergence and it has created false breaks at the resistance level.
We expect a pullback from the level; an alternative scenario is a consolidation between 1.11300-1.12500.
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The market is formed a double top with divergence and it has created false breaks at the resistance level.
We expect a pullback from the level; an alternative scenario is a consolidation between 1.11300-1.12500.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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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.
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.