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KlejdiCuni

AUDNZD: Sell and Buy opportunity

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
KlejdiCuni Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Chart Patterns Wave Analysis
6
0
trendanalysis chartpattern waveanalysis
AUDNZD is in critical price zone and i am looking for both possibilities. On 240 min TF we can see 200 EMA acting as resistance trend line and on daily we have the 200 EMA acting as support. One 200 EMA on 240 min TF is broken than we can see price to test 1.1140 and probably going higher. Otherwise if price will break 1.0840 than the buy setup is invalidated and we can see for sell up to next support zone 1.0687-1.0654.

As long as 1.0840 is not broken i am looking as first move the buy setup.

Good Luck!
Comment:
Daily chart with 200 EMA acting as support
snapshot
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AUDNZD: Long opportunity
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