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AUDNZD Halfway through the bearish leg. You can still sell.
Australian Dollar / New Zealand Dollar
Short
AUDNZD Halfway through the bearish leg. You can still sell.
By TheCryptagon
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Jul 6, 2023
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Jul 6, 2023
AUDNZD crossed under the 1day MA50 this week for the first time since May 24th.
That is the bearish leg from the Falling Resistance to the Rising Support in order to form the new Higher Low.
The 1day RSI just entered the 4 month Support Zone, where the price Low was formed at the bottom of the Support Zone.
This is still a good sell. Target 1.061500.
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TheCryptagon
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