AUDNZD: How to Catch a Swing Move

1 Apr 2021

AUDNZD is trading in a strong bullish trend.

After the price reached 1.095 resistance we see a retracement.
Now the price is approaching a strong demand zone:
we see a confluence between a daily horizontal structure & trend line.

To catch a bullish move with a confirmation,
wait for a bullish breakout of a bullish flag pattern on 1H chart.
It will be a perfect trigger to buy.

In case of a major rising trend line breakout, setup will be invalid.

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