Hi guys,
another opportunity on this glorious sunday. AUDNZD has rejected a horizontal resistance zone with a double top.
Price has decelerated and has formed 2 hightests, a tweezer top setup. Furthermore the overall weekly trend is bearish aswell.
Target is the next support zone, the stop is above the weekly 0.618 fibonacci retracement level.
Happy trading
another opportunity on this glorious sunday. AUDNZD has rejected a horizontal resistance zone with a double top.
Price has decelerated and has formed 2 hightests, a tweezer top setup. Furthermore the overall weekly trend is bearish aswell.
Target is the next support zone, the stop is above the weekly 0.618 fibonacci retracement level.
Happy trading