AUDNZD is looking to retest the bottom of an ascending triangle offering us a great trade setup for either direction utilising price action/confirmation.
There is also a potential reverse head & shoulders (in green) which may foretell a bounce and strong move upwards. However, AUD has been very bearish recently so we must use caution.
There is also a potential reverse head & shoulders (in green) which may foretell a bounce and strong move upwards. However, AUD has been very bearish recently so we must use caution.
