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wickywicks

AUDNZD, A Consolidating Pair

Short
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
wickywicks  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Chart Patterns AUDNZD audnzdshort
5
0
trendanalysis chartpattern audnzd audnzdshort
AUDNZD is trapped in a wedge as well as double top formation can be seen.
Bearish divergence is also indication downward momentum.
Being considered as consolidating pair, that's why might take longer to reach target.
Let's take a risk here.

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