Possible Bullish channel AUD/NZD
Price made an impulse move upward when it broke outside of the bearish channel. After being rejected by strong TL resistance near 1.06, we have corrected downwards and found a weekly support level at 1.055. Price is now respecting the bullish channel and could possibly have more upside. (Also risk of a possible Head & Shoulders forming). This is not investment advice nor a buy call, just an idea. Let me know what you guys think.
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