AUDNZD, Pair hit quarterly pivot with confluence on yearly quarter pivot. Pair is pushing down from a morning star . The daily appears to be oversold or approaching it soon. However the daily candle is also bearish.
So, pair is sitting at a support and resistance line. "RED LINE" If your trading this pair, look for a close below it to go short . If that line holds, expect the pivots to break for a up move.
So, pair is sitting at a support and resistance line. "RED LINE" If your trading this pair, look for a close below it to go short . If that line holds, expect the pivots to break for a up move.
Comment:
if resistance breaks.. bias flipped long.
