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AUD/NZD Technical analysis

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
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FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Harmonic Patterns priceaction Ascending Channel
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trendanalysis harmonicpatterns priceaction ascendingchannel
The AUD/NZD pair is currently in an ascending channel formation.
It is currently taking support at its supportive trend line.
Hence we expect the pair to bounce back strongly from this zone. Conservative traders can go long once it breaches the resistance line.
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