AUDNZD Sell opp

22 thg 10, 2020

Short term downward channel has broke to the downside while price has retested off of the bottom of the channel. I'm looking at a nice sell opp here to the bottom of the larger downward 4H channel. If you look to the left there is not much that would stop price from driving itself downward to the bottom of this larger downward channel and even the horizontal structure below. News wise there is nothing in the AUD or NZD until tonight at 5:45 pm. Keep in mind, if no movement is made during the day, we could see some nice volatility for this trade around 5pm ish when news comes out.