AUDNZD Potential Short!

Short

Dollaro australiano / Dollaro neozelandese (FX:AUDNZD)

FX:AUDNZD Dollaro australiano / Dollaro neozelandese

Trend Analysis Chart Patterns Wave Analysis AUDNZD audnzdshort audnzdanalysis audnzdforecast audnzdsignal audnzdsell audnzdidea audnzdstrategy audnzdsignals

trendanalysis chartpattern waveanalysis audnzd audnzdshort audnzdanalysis audnzdforecast audnzdsignal audnzdsell audnzdidea audnzdstrategy audnzdsignals

AUD-NZD is trading in a rising narrwing wedge
And the pair will soon retest a horizontal resistance
So IF we see a bearish breakout from the wedge
A bearish move down will follow
However, IF the daily resistance AT 1.09907 is broken to the upside
The setup is invalid

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