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AUDNZD ready for reversal on a resistance zone?
Australian Dollar / New Zealand Dollar
Short
AUDNZD ready for reversal on a resistance zone?
By AlbionTrader
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Mar 7, 2017
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Cheer
Cheer
Mar 7, 2017
AUDNZD might be ready for a reversal on a zone of resistance.
AUD has been bullish for quite long now and the indicators start to show divergence.
The reversal zone has been serving as Support or Resistance in July 2014, May 2015, end of January 2016.
We might want to wait for an optimal entry point and then let the market decide how this will go - possibly with a first Profit around 1.066
albiontrader
AUDNZD
Forex
reversalzone
Support and Resistance
AlbionTrader
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