harisonhbn9718

Interesting Data: Australian Dollar/ New Zealand Dollar

FOREXCOM:AUDNZD   Australian Dollar / New Zealand Dollar
Hello, in this little analysis of macro-trend on monthly timeframe, we see the weakness of the Australia Dollar and I estimated that we are in the descendent triangle, that is a bearish chartist and then, we continue bearish from the year 2011, that cause an Australia's economical reccesion.

So, our target and objective that we could to see is the $0.87 NZD

That data could be intersting!!!

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.