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Weekly Inside Bar - Reversal next week - BUY AUDNZD

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Dolar Australia / Dolar New Zealand (FX:AUDNZD)  
ForexStoreau  
FX:AUDNZD   Dolar Australia / Dolar New Zealand
Trend Analysis Chart Patterns Technical Indicators Inside Bar Bullish Patterns RBA AUDUSD AUDNZD DXY Bullish Divergence weeklymarketsanalysis
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trendanalysis chartpattern indicator insidebar bullish rba audusd audnzd dxy bullishdivergence weeklymarketsanalysis
Good afternoon traders,

The AUDNZD is creating an inside bar on the weekly time frame.
This is a strong reversal signal when at a major support or resistance level.

RBA Interest Rate decision next Tuesday. Due to a turn around in the housing market, as well as strong employment figures, the RBA could hold interest rates steady.

Jump down to a daily time frame there is also a bullish divergence on the RSI.

Any thoughts and comments welcome!
Penafian

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