What's up everyone, here we have AUD/NZD on the 1h chart with a very distinct ascending channel.
Price has been trading within this area since February 2017 testing both support and resistance various times, with no sign of a clear breakout.
The purpose of this post is to highlight the key price structure within the market... Refer to this chart whether you're going long or short.
Please feel free to leave your opinion below.
Price has been trading within this area since February 2017 testing both support and resistance various times, with no sign of a clear breakout.
The purpose of this post is to highlight the key price structure within the market... Refer to this chart whether you're going long or short.
Please feel free to leave your opinion below.
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