In Friday 1.0560 are caused price rebound. It took place third time during six months period. Currently 1.0930 level should be tested. Since more than two months AUDNZD moves in side trend between above mentioned levels. Another attempts of breakout finished faster with rebound.

This is interesting trading opportunity. Right now we should watch 1.0930 level and look for trend reversal signals, when price will reach there. Another closer located highs and lows indicate that AUDNZD forms triangle pattern. It has to be noted that breaking one of that levels will begin new trend impulse accordant with direction of the breakout.

Time-frame H4


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