AUDNZD Breakout Analysis
AUDNZD moved in an Ascending channel by forming Higher highs, higher lows in 4-hour chart.
After reaching the top level of the resistance zone, AUDNZD starts to make some correction.
Recently, AUDNZD broke the bottom level of the Ascending channel, After the breakout, Market retesting the breakout level now.
As per the breakout strategy, if market breakout from the price range and if retest happens then we can expect a sharp movement from the retest level.
If you like to receive the best forex signals at good trade setup, you can Try free forex signals. (or) if you need additional important trade signals with high accuracy, Join now in Supreme or Premium forex signals plan.
If you want to learn trading from 20+ years expert traders, Join forex trading course online now.