4 Oct AUDNZD Analysis


AUD NZD Daily Analysis by CliveRyan on TradingView.com

Always wait for market confirmation

What can you expect:
  • Market to stay in the consolidated range for a period of time before showing signs of confirmation (Candlestick/Indicators)
  • High probability to break low due to its recent trend of lower highs and lows
    • Market might retest the same level again if the breakout has low liquidity
  • If market break towards the upside 
    • Wait for market to break the previous high
      • if it doesn't, market still have a substantial amount of probability to reverse

All the best :) 

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