thedailychartist

AUDNZD Bounce or Break?

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FX:AUDNZD   澳元/纽元
The contrarian in me tends to think we might see a break here despite the clear uptrend off of the 12-APR-2018 swing low. I do have support price region at 1.0845 - 1.0910 marked by an orange box but we did see the price bounce off it from the 03-SEP swing low so we need to watch if it will still hold against this current re-test. Note that the trend line support identified in the chart seems pretty strong so the bulls might have an edge here. Let's see now.

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