KarYong

AUDNZD: Awaiting a potential breakout

FX:AUDNZD   澳元/纽元
Price is currently in a tight consolidation box between 1.0145 to 1.0200 region.

A breakout to the upside could potentially see price reaching for 1.2580 to 1.2820.

A breakout to the downside could potentially see price reaching for 1.0025.

Naturally, the downside reward seems to be much better than the break to the upside.

I would love to hear your opinion, feel free to comment, agree or disagree.

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KY

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