AUDNZD sell the divergence of the antipodean
Today in the Asian session the AUDUSD has slowly been grinding higher highs while the NZDUSD has been grinding lower lows. As these pairs usually move in lockstep analysis shows the AUDNZD has failed trend line resistance at 1.265 and formed a double top with MACD and RSI also showing bearish divergence.
Selling here provides great Risk to Reward
Selling here provides great Risk to Reward