The AUDNZD pair has experienced a bullish breakout from a triangular pattern, breaking through resistance. The target is set at 1.071.
A trading opportunity was spotted on the AUDNZD currency pair. The AUDNZD price surpassed the resistance line of a Triangle pattern on February 16, 2024, at midnight. It is projected that there could be a bullish price trend for the following day, possibly reaching 1.071.
The visual representation of this pattern is of moderate quality. The initial price trend before this trading setup appeared was rather weak, suggesting it may have emerged from a volatile market.