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AUDNZD formed a Rising Wedge on the 4 hour chart. Retest of resistance in sight.

AUDNZD is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 8 days and may test it again within the next 23 hours.

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A Ascending Triangle has formed, Brent Crude is approaching support. Can we expect a breakout and the start of a new trend or a reversal?

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After testing the resistance line numerous times, LTCAUD is once again approaching this line. Can we expect a bullish trend to follow?

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