Possible Bullish channel AUD/NZD

10 thg 1, 2019

Price made an impulse move upward when it broke outside of the bearish channel. After being rejected by strong TL resistance near 1.06, we have corrected downwards and found a weekly support level at 1.055. Price is now respecting the bullish channel and could possibly have more upside. (Also risk of a possible Head & Shoulders forming). This is not investment advice nor a buy call, just an idea. Let me know what you guys think.