AUDNZD Fundamental Analysis
i). Price hit the hour Resistance at 1.09510
ii). Wait for the Double top formation at the resistance area and be patience to take the entry
iii). If the candlestick formation is strong bearish structure with the combination of shooting stars might take a sell entry
iv). For buy entry, anticipate breach the resistance area and retest it.
ii). Wait for the Double top formation at the resistance area and be patience to take the entry
iii). If the candlestick formation is strong bearish structure with the combination of shooting stars might take a sell entry
iv). For buy entry, anticipate breach the resistance area and retest it.
Note
i). Price has breached the resistance
ii). Might see the price retest it at the supporting area
iii).Market sentiment changing to long trade, however, focus on the entry time at the retest area and wait for the formation of strong bullish candlestick.
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