AUDNZD: Turning into a sell as it approached the Channel's top.
AUDNZD is on a very aggressive short-term rally following the 1.05600 Low, turning overbought on its 1D technicals (RSI = 73.113, MACD = 0.006, ADX = 40.707). As the price approached R1 (1.108900), it is gradually turning into a sell opportunity, with the Channel Up Top being just over.
Consequently, we turn bearish ourselves, targeting the bottom of the Channel Up (TP = 1.062500).
Prior idea:
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Consequently, we turn bearish ourselves, targeting the bottom of the Channel Up (TP = 1.062500).
Prior idea:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
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Contact me for Account Management (+15% monthly profit)
Telegram👉 t.me/investingscope
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.