Rayyan_2805

Strong Pullback then Up

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FX:AUDNZD   Dólar Australiano/Dólar Neo-Zelandês
Possible strong pullback towards the trend line for AUDNZD. Price has broken trend line channel to the upside and now would be a good time to place a sell trade on the pullback to the trend line. Price has also been moving under both the 200 and 50 EMA which is still indicating a strong short bias. I expect the price to move back to the trend line and then go all the way up. The first target will be the first support turned resistance. AUDNZD

Will be holding until next week as it is Friday tomorrow.

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