TodRose

AUD/NZD - watching for pullback trade

FX_IDC:AUDNZD   澳元/纽元
AUD/NZD - approaching support zone double bottoms on the monthly, previous lows on the weekly and daily, support zone and FIB level and dynamic support on the daily. The price is both overextended and oversold and in need of pullback on both the weekly and the daily. Therefore, watching the support zone between 1.0350 - 1.0390 for the price to slowdown, form reversal pattern and reversal candles and eventually offer long pullback trade.

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