AUDNZD Long-term Buy Signal

Pattern: Channel Down on 1D.

Signal: Buy as the price rebounded on the 1D MA50 (blue trend-line) and is on the bullish leg towards the top (Lower Highs trend-line) of the Channel Down.

Target: 1.0800 (the 0.786 Fibonacci extension) as per the previous Lower High leg.

Tradingview link:

https://www.tradingview.com/chart/AUDNZD/FZz0ojQj-AUDNZD-Long-term-Buy-Signal