AUD/NZD 2 Day Chart Analysis

٣ أغسطس ٢٠٢٤

Price is moving within an ascending channel and has rejected the top of the channel several times. Firstly December 2023, then May 2024 and now July 2024 at the 1.1130 zone. There was huge momentum to the downside this week and there is potential for more downside to the bottom of the channel around 1.0860.