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harisonhbn9718

Interesting Data: Australian Dollar/ New Zealand Dollar

Dolar Australia / Dolar New Zealand (FOREXCOM:AUDNZD)  
harisonhbn9718  
FOREXCOM:AUDNZD   Dolar Australia / Dolar New Zealand
Trend Analysis Chart Patterns Beyond Technical Analysis AUDNZD audnzdshort educational descendenttriangle bearishtrend Bearish Trend Line
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trendanalysis chartpattern beyondta audnzd audnzdshort educational descendenttriangle bearishtrend bearishtrendline
Hello, in this little analysis of macro-trend on monthly timeframe, we see the weakness of the Australia Dollar and I estimated that we are in the descendent triangle, that is a bearish chartist and then, we continue bearish from the year 2011, that cause an Australia's economical reccesion.

So, our target and objective that we could to see is the $0.87 NZD

That data could be intersting!!!

Idea Berkaitan

harisonhbn9718
Long Position: Bullish Rising Wedge = 170 pips to pick up!!!
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