AUDNZD is moving into a rising wedge, with price having reached the 0.786 fib retracement of previous downmove. A bearish divergence at MACD shows that we may soon have a reversal most likely after the breakout below the wedge. So after the breakout we should watch for a sell setup to complete based n our strategy and go short with AUDNZD.
Have a nice trading week..!
Have a nice trading week..!
