AUDNZD looks set to bounce off of key support (horizontal line and rising trend line).
Lets wait for 1 hour confirmation before entering a position.
1 Hour Chart:
Lets wait for 1 hour confirmation before entering a position.
1 Hour Chart:
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Detailed DAILY Chart zoomed in:
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AUDNZD has now breached the key line. I now have a bearish bias on this pair. Will be waiting for a pull back and retest of that key line to take short over the next few days.