FortunaInvestments

AUD/NZD Correction incoming or not?

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FX:AUDNZD   Dólar Australiano/Dólar Neo-Zelandês
Hello Traders

As we can see, chart is showing us a possible bearish bat formation.
Also price has completed a 5 impulse motive waves.
Furthermore Price has reacted to Weekly Dynamic Resistance Zone.
So we expect to see some correction here.
It means we have greater win chance in shorting AUDNZD VS longing it.
But before that, lets wait for more clear view.


Thanks For Reading
Team Fortuna
-RC

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