AudNzd

Good Day Dynamic Traders,

Hope you have had an awesome weekend so far. I am finally able to upload charts and so we are back in business :).

I mentioned crude oil last weekend and a potential breakout to the upside. Price failed to breakthrough and is now heading towards the trendline support. It may bounce off this support and try to breakthrough again or it may continue further down to test the VI.

Below is the AUDNZD daily chart. After a period of consolidation, price appears to have broken through a strong support including the VI. Of course there are no guarantees that this is a true break out and therefore need to be a little cautious. Having said that price has been creating lower high's and lower lows. Apply your favourite filters and enter as appropriate.















Good Trading!
Bijal Shah