YGForex

AUDNZD Downward Momentum Slowing Down

FX:AUDNZD   호주 달러 / 뉴질랜드 달러
As we can see, BEARISH momentum have slowed down for now as we start seeing movement at the upper side of the ichimoku cloud. There was great consolidation in the cloud before yesterday's candle close. This give us a BULLISH opportunity to the resistance zone (red zone). That is also where I will expect a price rejection followed by BEARISH movement.

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