AUDNZD Watch out for breakout

AUD seems to be starting a downward move. On the contrary, NZD is in a consolidation. So we could see a sell set up on this.
But beware, even if it breaks, it could be a corrective move to the downside. Not so much a clean impulse.

Trade with care. This is just my opinion on the direction of this pair. Not a trade call. Trade your own strategy.

Kommentera:

Missed the trade. Was impulsive than I thought.