AUDNZD Uptrend Likely to Resume

By FinancialGamblR
Updated
See Signposts for key price action details.
  • This pair has been trending higher until it recently corrected.
  • Price is stabilizing at the 1.068 level with very little indication that it's capable of breaking lower.
Comment
Note: Ideas published represent my viewpoints on anticipated structural directional moves. I do not post trade parameters (i.e. entry, take profit, stop loss, alternative exit points, etc.) as actual execution may differ from the respective trade idea published. My trades evolve around my expectancy with certain planned R-multiple and win rate. Use as your own discretion.
Comment
H1 TF remains a bit concerning. Price failed to push higher and is holding below an hourly level.

snapshot
audAUDNZDCandlestick AnalysisForexMultiple Time Frame AnalysisNZDpriceactionSupport and Resistance
FinancialGamblR

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