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AUDNZD FORECAST
Australian Dollar / New Zealand Dollar
Short
AUDNZD FORECAST
By Elemont
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Oct 29, 2016
2
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Oct 29, 2016
AUDNZD is looking to complete its Cypher pattern / M formation and we expect more downwards pressure early on this week.
Breaking the immediate support level is key. If it holds, we expect a retest of the 200 MA first, before it continues its bearish trend.
1h
4h
AUDNZD
breakout
Cypher
Daily Charts
FLAG
forecast
reversal
setup
Elemont
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