AUDNZD - Bearish Pennant
On the 4hr Chart we can see following a Drop in price, the formation of a Pennant. We look for a breakdown, as the pattern suggests continuation.
The RBNZ Interest Rate Decision is within the hour. It should provide the catalyst to
propel the Kiwi.
A break of 1.0900, should see 1.0850.
The RBNZ Interest Rate Decision is within the hour. It should provide the catalyst to
propel the Kiwi.
A break of 1.0900, should see 1.0850.
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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.