#AUDNZD: Bullish Setup
Price has been printing lower lows and lower highs for some time now
As you can see, the price is approaching a very strong demand zone
The RSI indicator is also in the oversold territory
I believe market participants would be taking profits from the zone
Which will result in a Bullish pullback
I'm Bullish and Biased
As you can see, the price is approaching a very strong demand zone
The RSI indicator is also in the oversold territory
I believe market participants would be taking profits from the zone
Which will result in a Bullish pullback
I'm Bullish and Biased
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.