AUDNZD late night intraday positioning

2019-12-21 02:06:39

This time on AUDNZD

On the intraday level I am expecting a pullback towards the fibonacci confluence area around 1.043xx
If you take a look on a daily chart you'll see that there are alot of gaps to be filled and huge upside potential for this pair.

https://www.tradingview.com/x/yyiU9quJ/


Going down to the 4h charts we see price action forming a weak bearish hammer candlestick pattern followed by a dragonfly candlestick pattern, while the hammer got rejected by the 89 period EMA.

https://www.tradingview.com/x/dvu4On6J/



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