Dolar Australia / Dolar New Zealand
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AUDNZD - SELL - DESCENDING WEDGE

175
1, Falling Wedge
2, RSI Divergence
3, Monthly Support Level

TARGETS BASED ON FIB CLUSTERED CONFLUENCE WITH PREVIOUS STRUCTURE
Nota
Aussie Weighted Average (Relative S/W) - As you can see the strength and weakness of both currency pairs correlates perfectly well with the technical analysis on the chart - Aussie just broke the descending wedge and is also on a support level

syot kilat
Nota
NZD Weighted Average (Relative S/W) - Kiwi on the other hand has formed an ascending wedge and is within an important monthly resistance area which indicates to me that it is due to fall.....

syot kilat
Nota
FOR YOUR INFORMATION - IT SAYS SELL - BUT THIS IS IN FACT A BUY - TYPO MISTAKE. MY APOLOGIES.
Nota
TP1

Penafian

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