Fxprotrader

AUDNZD Very Nice Buying Opportunity

Long
Fxprotrader Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Price is clearly in an upmove in the recent weeks after finding good suuprt at the lower parallel of the median line and what we may see at the moment is that it broke above the skiding parallel acting as resistance. Moving to the lower timeframes we see that price is in a coorection forming a bullish flag. Buying the breakout and aiming for the median line is how we should trade AUDNZD for the upcoming week.

Flag pattern:
Comment:
Price broke above the correction and it's heading up..!
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