Please watch and dont miss this great move on GJ. There are so many great reasons why GBPJPY is ready to go long. Watch this video
AUDNZD has broken structure and is looking to continue bullish.
NZDCAD has about 70-80 pips to go before price hit major zone.
Check out my video breaking down why I think AUDNZD is going up soon.
So here are the reasons for my Bullish Bias - Weekly Bullish Divergence Confirmed - Price rejected off level that was last touched in March 2020, the rejection candle on the weekly was 200 pips - Head and Shoulders Divergence spotted on the Daily, this particular Divergence is almost undefeated in terms of directional bias - Market structure has been broken to...
So AUDNZD is definitely long for several reasons. - Daily Bullish Divergence is clear - Bullish Divergence Structure is broken to the upside - Monthly Bullish Divergence is confirmed - Price retraced to the Daily 200 EMA - Daily Doji showed up on August 5 - Price formed Divergent resistance on the daily 61.8 - All AUD pairs are pushing up.
Reasons For Long Bias: - June 8th Price Broke Above Zone that held since 2014 and hasn't been broken since 2008 (approx. 15 years) - Price came back down and then came up and broke past that previous high that was just broken. - The JXY is continuing to go into the toilet which means JPY pairs will have bullish momentum. Check weekly candle for confirmation. -...