AUDNZD LONG!
TECH:
--FIB - HAD A NICE BULL RUN, PRICE IS NOW SETTLING ON 50% (THIS IS STRONG FOR A CONTINUATION OF PREVIOUS LONG TERM RALLY)
--HITTING A STRONG DEMAND ZONE/SUPPORT THAT HAS HELD UP THIS STRUCTURE
--CHART PATTERN - THERE IS A FALLING WEDGE INDICATING BULLISH BEHAVIOR
FUNDAMENTAL:
--FED CUT RATES
--AUD STAYING SIGNS OF REVERSAL FOR STRENGTH TO NZD
LET ME KNOW WHAT YOU THINK
--FIB - HAD A NICE BULL RUN, PRICE IS NOW SETTLING ON 50% (THIS IS STRONG FOR A CONTINUATION OF PREVIOUS LONG TERM RALLY)
--HITTING A STRONG DEMAND ZONE/SUPPORT THAT HAS HELD UP THIS STRUCTURE
--CHART PATTERN - THERE IS A FALLING WEDGE INDICATING BULLISH BEHAVIOR
FUNDAMENTAL:
--FED CUT RATES
--AUD STAYING SIGNS OF REVERSAL FOR STRENGTH TO NZD
LET ME KNOW WHAT YOU THINK
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