Black FridayFino al 70% in meno
Dollaro australiano / Dollaro neozelandese

AUDNZD Daily

Di Phils_Ocean
Price is still under falling trendline and forming a triangle/wedge pattern. So far no breakout above the resistance occurred and we are patiently watching.

  • Triangle & Wedge pattern are typical forms of a Wave 4 correction
  • RSI was in the extremes, what is typical for a Wave 3
  • A final push to the support is likely to occur
  • This final wave 5 would also most likely deliver nice RSI divergence
  • The market should be ready to rise for new highs on the longer perspective
Chart PatternsTrend Analysis
Phils_Ocean

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