AUDNZD: Bullish Cross can take it higher for a new sell entry.
AUDNZD is currently forming a Golden Cross on the 1D timeframe, which is technically bullish (RSI = 59.438, MACD = 0.004, ADX = 24.813). The symmetric sequence on the 1D RSI with the February-April phase indicates that the Cross can indeed push the price higher, over Fibonacci 0.618 and then decline to form the Lower Low at the bottom of the long term Channel Up. We are already on a sell since June 7th (see idea below) but we will add another on Fib 0.618 targeting the Channel's bottom (TP = 1.062500) again.
Prior idea:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Prior idea:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.