Buying Opportunity

KUNAL KAMBLE
AUDNZD
·
Oct 01 2022
snapshot
AUD/NZD

Buying opportunity in security.
The Security is trading near the resistance, if the security is able to close above the resistance, buying can be done in the pair for a TP of 1.15274

Price is trading above the Ema indicating a short term buying opportunity. As per MA studies the security is trading above the EMA indicating positive direction.
RSI is supporting the price.

Advice : Buy if the security is able to close above the resistance and sustain above EMA for a day or two.