The AUD/NZD has been consolidating since making a high of 1.0890 in May. For a few weeks now it has been drifting lower in what appears to be a flag pattern in the 4H chart, where we can see a potential bullish breakout.
AUD/NZD 4H Chart 6/1 audnzd 4h chart 6/1 (click to enlarge)
The 4H chart shows price cracking the flag pattern resistance, but so far failing to clear it. It held under 1.08 […]
