AUD/NZD Looks Bearish

May 17,2019 17:29   Source:Earnforex
The Australian dollar vs. New Zealand dollar looks to be poised for a bearish move, even if the descending trend told a different story. Long-term perspective The descending trend, that began at 1.1000 end extended until 1.0292, ended after the piercing of the double resistance area consolidated by the resistance trendline of the descending trend and the 1.0452 level. The price made a very bullish move, reaching 1.0668 with no corrections. But this, in itself, […]

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