posted byfx360 974 days ago
in AUD, NZD, Dailymade popular 974 days ago
The AUD/NZD is poised to fall off a cliff based on a nearly complete shooting star formation based on weekly price action. The shooting star formation is a relatively common candlestick pattern that oftentimes signals a bearish reversal may be underway especially when the candlestick tops out near Fibonacci resistance as we see here.