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AUD/NZD Poised to Ride the Bullish Tide: A Technical Perspective

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FX:AUDNZD   Dollaro australiano / Dollaro neozelandese
AUD/NZD Poised to Ride the Bullish Tide: A Technical Perspective

AUD/NZD was developing a large corrective "Wedge Pattern" for about 18 days.

The top of the pattern was reached on 01-April-2024 at 1.0955

The bullish breakout indicates further growth during the coming days as shown in the chart.

The first and the strongest areas will be found near the top of the pattern and once the price breaks out 1.1000 should be the next target.

You may find more details in the chart!
Thank you and Good Luck!

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