EURNZD at a slanting support level - Daily chart

On the daily timeframe.

I believe that we may see higher prices for AUDNZD moving forward.

It is at a slanting support level in the form of a slanting line.

This slanting line support dates back all the way from the first swing low created on the 9th June 2020.

Upside target would first be the dynamic resistance in the form of the EMAs and followed by the top slanting line.

Cheers!

Ardy Ismail
Technical Indicators

Founder of ProTradersNetwork.com, home of the TMG Titan traders who uses TMG Titans Pro Tools developed by Ardy.

TMG Pro Tools (MT4) includes: TMG Grid Master Pro, Titan Ranger, Grid Calculator, Titan Timer and TMG Livewire Pro
Also on:

Disclaimer