AUDNZD bullish setup
Bullish Indications:
1. Made new HH
2. Bullish engulfing candlestick
3. Trendline is getting respect for bullish trend
4. FIB support at 1.05853
5. Forming falling wedge on daily timeframe which
is strong bullish signal
6. Chaikin Osc shows bullish divergence
Bearish Indications:
1. Strong resistance at 1.06580
2. In last 19 years December is
bearish 12 times.
1. Made new HH
2. Bullish engulfing candlestick
3. Trendline is getting respect for bullish trend
4. FIB support at 1.05853
5. Forming falling wedge on daily timeframe which
is strong bullish signal
6. Chaikin Osc shows bullish divergence
Bearish Indications:
1. Strong resistance at 1.06580
2. In last 19 years December is
bearish 12 times.
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