AUD/NZD Very Bearish Outlook

AUD/NZD portrays a very bearish outlook on almost all timeframes. Monthly, Weekly, Daily, 4H and so on. Also checked the indexes, NZD looks very bullish as it rejected a key weekly trendline, AUD Index broke lows and is now retesting. Furthermore we have Interest Rate news tomorrow which consensus states will drop from 1.5% to 1.25%.
If AUD/NZD breaks above this 4 Hour trendline then the idea is void.

Do not miss this trade!

Use patience and good risk management.

Stay safe traders!

Kommentar:

Trendline Retest

Trade ist aktiv:

Running in nice profit currently.