AUDNZD: Consolidation & Complete Indecision 🇦🇺🇳🇿 Long

AUD/NZDOANDA

Opis

⋅ 18 sty 2022 08:11

For the 4 consequent weeks, AUDNZD is consolidating.
The pair is coiling within a horizontal trading range.

From a current perspective I see two potential scenarios:

In case of a bullish breakout of the range (candle close above 1.0645 - 1.0668)
a bullish continuation to 1.073 level will be expected.
In case of a bearish breakout of the range (candle close below 1.0566 - 1.059)
a bearish move to 1.057 level will be expected.

And while the market is staying within the boundaries of the range
you either wait for a breakout or buy/sell its support/resistance.

❤️Please, support this idea with like and comment!❤️

Komentarz

⋅ 19 sty 2022 10:04

Check my new idea on EURUSD:

Komentarze

ForexTrendline

⋅ 19 sty 2022 07:58

awesome breakdown!

UnitedSignals

⋅ 19 sty 2022 00:10

Good market breakdown!

VasilyTrader

⋅ 19 sty 2022 00:33

@UnitedSignals, thanks a lot bro ☺️

FieryTrading

⋅ 18 sty 2022 21:02

Strong technical analysis🔥

VasilyTrader

⋅ 19 sty 2022 00:33

@FieryTrading, thank you my friend

EliteTradingSignals

⋅ 18 sty 2022 12:46

My bias is mixed right now to be honest!

VasilyTrader

⋅ 19 sty 2022 00:32

@EliteTradingSignals, thank you for comment brother :)

SignalProvider

⋅ 18 sty 2022 11:47

Thanks for sharing

VasilyTrader

⋅ 18 sty 2022 11:49

@SignalProvider, you are welcome buddy!!!

MMBTtrader

⋅ 18 sty 2022 08:20

good target mentioned after breakout

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