lafayettej

nothing extravagant just simple S/R analysis

FX:AUDNZD   Dollar Australia / Dollar New Zealand
I noticed from personal observation AUDNZD respects S/R levels more than other pairs. what I'm looking, for now, is consolidation for this pair has shot up without a break and divergence on the macd is starting to show. I'm personally expecting more upside but i also except the possibility of it doing lower. will wait for a consolidation above the current Resistance line before considering going long.
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