AUDNZD – time for a reversal?

This is the third time that the trend line was tested. We take a little closer look at our ljusdiagram – we see a significant köpljus, a continuation of the upward movement, and that yesterday’s top was formed on 1,0515.

A dynamic support and a 20-periods ‘ average is also visible. Succeed the price stay above these levels, the outbreak lead to yesterday’s highs are broken.

Effective end just above yesterday’s highs may signal further gains, with the goal 1,0595.

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