AUD/NZD Double Bullish Pennant Breakout And Continuation

The AUD/NZD is very bullish. We should see a bullish continuation. Double pattern has been broken and the price is proceeding further up.

Breakout above W H4 has made another strong move to the upside and now is all about either retest or continuation. On a retest of 1.0835 zone or 1.0910 I expect a continuation up. Even if the market drops to 1.0900 it will be a consolidation before a move up. Final target is 1.10055. It’s buy the dips scenario.

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Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high ...

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