AUD/NZD SHORT SELL OPPOTUNITY VIEW.
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Audnzdsignal
AUD vs. NZD long potential with 4.70ish RRGoing to buy this level as the price is ranging from 1.0965 to 1.1050 for a week now. Its a bit risky as we can see more downtrend to 1.0930 maybe even to 1.0830. If that happens i'll wait for a retest then goint to get some short positions.Overall trend is still bullish.
AUDNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDNZD we can see break of bullish structure. Price formed higher highs and higher lows. It then created strong bearish candle that broke trendline and also created new lower low. Soon after price failed to push through the previous high and created new lower high. Price then confirmed the reversal with break of previous lower low level.
AUDNZDThe AUD/NZD pair has attracted significant bids at around 1.0834 as the Reserve Bank of New Zealand has raised its Official Cash Rate (OCR) higher than the street expectation. RBNZ Governor Adrian Orr has announced an OCR hike by 50 basis points (bps) while the street was expecting status-quo maintenance by the RBNZ.