Week 28 AUD?NZD Bullish

Price's been ranging in this trench for the past month and seems to be gathering energy for a break out and I believe will be a break up north. COT data shows extreme divergence for NZD and I suspect a free fall for NZD to happen soon (XXX/NZD bullish).

I will long if price is able to reach 1.0373 to form a double bottom. First resistance at 1.0527 and subsequently 1.0636.

Kommentar:

AN did not hit my limit and shot right up. Expecting 1.05x to be retested again before making its move