AUD/NZD (Daily Chart) - Price Breaking Down!

Short

Dollaro australiano / Dollaro neozelandese (FX:AUDNZD)

FX:AUDNZD Dollaro australiano / Dollaro neozelandese

Trend Analysis Chart Patterns Beyond Technical Analysis AUDNZD aud-nzd Forex forexsignals forextrading Technical Analysis synapsetrading

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This pair is showing some serious bearish price action, after breaking the bullish trendline, while at the same time forming a bearish H&S pattern.

The price went on to break the neckline of the H&S, further declining and showing more selling pressure.

I am currently short on this, and will continue to monitor.

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