AUDNZD showing upside to 1.1484 but with concerns

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豪ドル／ニュージーランドドル (OANDA:AUDNZD)

OANDA:AUDNZD 豪ドル／ニュージーランドドル

trendanalysis chartpattern fundamental audnzd audnzdlong audnzdanalysis audnzdforecast

AUD/NZD formed a Cup and Handle
Price <200 but 7>21
Target 1.1484

CONCERNS:
Sideways movements is leading concern where the price could just drop from here. The breakout is not entirely strong but we'll need to wait and see.
I'll remain with a bullish bias.

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Timon Rossolimos
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(Pro trader since 2003)