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Trading_Tony

AUDNZD - Breaking Lower - BEARISH DIVERGENCE

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Dollar Australia / Dollar New Zealand (FX:AUDNZD)  
Trading_Tony  
FX:AUDNZD   Dollar Australia / Dollar New Zealand
Trend Analysis Chart Patterns Technical Indicators china USD DXY RBA AUDUSD AUDNZD Bearish Patterns
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trendanalysis chartpattern indicator china usd dxy rba audusd audnzd bearish
Hello traders,

We are now looking to enter a short position on the AUDNZD.
Breaking through a key trend line paired with a bearish divergence.

China and global tensions are increasing today suggesting the AUD may see some downside.

Fundamentals and technicals align to short the AUD.

My position: SELL Entry 1.0720, SL 1.0800 and TP 1.0530

Any thoughts or comments let me know.
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