**Monthly Chart**
AUDNZD pair has been in a sideway movement since 2015. The monthly time frame suggests selling the highs and buying the lows. However, from the beginning of this year, the pair went into a narrower range between 1.10550 and 1.0550 to be precise.
**Weekly Chart**
Moving into the weekly timeframe. The range is very obvious. The directional bias is short near the highest point and long near the lowest point.
**Daily Chart**
On smaller time frames my current directional bias is to sell near the high. There were plenty of opportunities in the last two months by only selling at the high.
AUDNZD pair has been in a sideway movement since 2015. The monthly time frame suggests selling the highs and buying the lows. However, from the beginning of this year, the pair went into a narrower range between 1.10550 and 1.0550 to be precise.
**Weekly Chart**
Moving into the weekly timeframe. The range is very obvious. The directional bias is short near the highest point and long near the lowest point.
**Daily Chart**
On smaller time frames my current directional bias is to sell near the high. There were plenty of opportunities in the last two months by only selling at the high.
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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.
Join our PropSignals Channels on Telegram
t.me/PropsignalAE
t.me/PropsignalAE
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.