Here's probability on AUD/NZD. It's important that we wait for 1 of three confirmations as suggested in the chart. 1. We could form consolidation. 2. A break below the ascending channel would suggest a continuation of bearish momentum. If we get a retest. 3. A break above would suggest a continuation of the ascending channel. If we get a retest.
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.