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VladimirRibakov

AUDNZD Short Term Sell Idea

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Dollar Australia / Dollar New Zealand (OANDA:AUDNZD)  
VladimirRibakov  
OANDA:AUDNZD   Dollar Australia / Dollar New Zealand
Trend Analysis Support and Resistance Multiple Time Frame Analysis AUDNZD SELL Bearish Patterns keyresistancezone bearishhiddendivergence bearishdivergence falsebreak
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trendanalysis supportandresistance mtfa audnzd sell bearish keyresistancezone bearishhiddendivergence bearishdivergence falsebreak
D1 - Price has reached a key resistance zone.

Bearish hidden divergence followed by continuing bearish divergence.

H4 - False break with bearish divergence.

If the price breaks below the last low at 1.09283 with momentum I may then expect short term bearish moves to happen here.

Alternatively if the price moves higher breaks and holds above the key resistance zone then this bearish view will be invalidated.
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