Audnzd Technical Analysis - TradeFX

Audnzd Technical Analysis

Welcome to new week of trading.

This is one of my favorite price action trading setup, after Audnzd move uptrend  to key reesistance level of 1.10165 but was unable to broke the resistance level and price close below the resistance level.
The pair form insidebar setup on the daily chart, signal downtrend movement to the nearest support level of 1.07441.

Entry: 1.09260.
Stoploss: 1.09980.

Takeprofit: 1.07440




Audnzd Technical Analysis Audnzd Technical Analysis Reviewed by zeal on 11:46:00 PM Rating: 5

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