AUDNZD - Breaking Lower - BEARISH DIVERGENCE
Hello traders,
We are now looking to enter a short position on the AUDNZD.
Breaking through a key trend line paired with a bearish divergence.
China and global tensions are increasing today suggesting the AUD may see some downside.
Fundamentals and technicals align to short the AUD.
My position: SELL Entry 1.0720, SL 1.0800 and TP 1.0530
Any thoughts or comments let me know.
We are now looking to enter a short position on the AUDNZD.
Breaking through a key trend line paired with a bearish divergence.
China and global tensions are increasing today suggesting the AUD may see some downside.
Fundamentals and technicals align to short the AUD.
My position: SELL Entry 1.0720, SL 1.0800 and TP 1.0530
Any thoughts or comments let me know.