This one will be sweet to watch
RSI pointing downwards as it is consolidating. Mini bear flag forming to test bottom of trend line. In the long term, this pair will go higher, no doubt about it but it needs a little reprieve after the trashing it's received in January and February . Tight stop because this pair can destroy you if you don't stop it. Trade wisely.
RBA is dovish on policy whereas the Fed is becoming more hawkish. Rejection from fib level on supposed break out from the wedge which was maintained for some weeks. Ready to break down.
Simple long. Trendline, Support and multiple pinbars.
Rising wedge. Key resistance level. Bearish RBNZ. Misleading albeit hawkish Fed. Good risk reward. Worth a short. Trade at your own discretion. There are 100 opportunities a day in the markets so pick wisely.