AUDNZD, A Consolidating Pair
AUDNZD is trapped in a wedge as well as double top formation can be seen.
Bearish divergence is also indication downward momentum.
Being considered as consolidating pair, that's why might take longer to reach target.
Let's take a risk here.
Bearish divergence is also indication downward momentum.
Being considered as consolidating pair, that's why might take longer to reach target.
Let's take a risk here.
Related publications
Disclaimer
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.