Today we have one for the trend traders on a Daily chart with AUD/NZD.
Straight away you can see price has been trading within a range since early 2015, we are now testing our trendline below the 200 EMA. Will we keep pushing lower towards 1.05000 or bounce?
I'll be going into the lower time-frames for additional analysis, there is a lot of picture perfect setups already but if you have any confirmation long or short feel free to share it below.
Straight away you can see price has been trading within a range since early 2015, we are now testing our trendline below the 200 EMA. Will we keep pushing lower towards 1.05000 or bounce?
I'll be going into the lower time-frames for additional analysis, there is a lot of picture perfect setups already but if you have any confirmation long or short feel free to share it below.
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