{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/audnzd-fires-bueb-daily-chart-17-sep-2014\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/audnzd-fires-bueb-daily-chart-17-sep-2014\/","headline":"AUDNZD Fires Off BUEB on Daily Chart | 17 Sep 2014","name":"AUDNZD Fires Off BUEB on Daily Chart | 17 Sep 2014","description":"The AUDNZD has fired off a \u00a0Bullish Engulfing Bar (BUEB) on the daily price action chart. The bullish engulfing bar had moved down during the daily session to test the support level and price flip area before being rejected and closing back higher. Price has been in a solid uptrend of late on the daily […]","datePublished":"2014-09-17","dateModified":"2019-08-05","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2014\/09\/audnzd.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2014\/09\/audnzd.png","height":"583","width":"997"},"url":"https:\/\/forexschoolonline.com\/audnzd-fires-bueb-daily-chart-17-sep-2014\/","about":["Price Action Charts in Focus"],"wordCount":188,"articleBody":"The AUDNZD has fired off a \u00a0Bullish Engulfing Bar (BUEB) on the daily price action chart. The bullish engulfing bar had moved down during the daily session to test the support level and price flip area before being rejected and closing back higher. Price has been in a solid uptrend of late on the daily chart in this pair and this engulfing bar is inline with this trend.If price can move higher and break the engulfing bars high (confirming the engulfing bar), there is a close near term resistance over head. If price gains momentum and can break this near term level, price could then break into space where the recent swing highs would be the next major resistance on the cards.If price falls lower and through the support level\/price flip level, then traders can watch that level for a breakout and retest to see if it starts holding as a new resistance for potential short trades on their intraday charts. Daily AUDNZD Chart Related Forex Trading Education– How a Trader Made Money Just One Price Action Srategy\u00a0at a Time – True Story"}