AUDNZD SUPPLY AND DEMAND ANALYSIS
*NZD Bank RATES later.
Higher Timeframe (Weekly Analysis)
-Price reacting off of tested weekly demand.
-Trend = Sideways/short-term downtrend.
-With Price Inside Weekly demand we can look for buys but confirmation is needed.
Lower Timeframe (4hr/1hr)
-Confirmation of buyers stepping in from breaking downward ML + removing opposing zones.
-Quality DBR demand zone.
-NZD bank rates later so either no trade or small risk.
Higher Timeframe (Weekly Analysis)
-Price reacting off of tested weekly demand.
-Trend = Sideways/short-term downtrend.
-With Price Inside Weekly demand we can look for buys but confirmation is needed.
Lower Timeframe (4hr/1hr)
-Confirmation of buyers stepping in from breaking downward ML + removing opposing zones.
-Quality DBR demand zone.
-NZD bank rates later so either no trade or small risk.
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