hello traders.
Based on the technical analysis of AUDNZD,it appears that the price has broken out of a downward trendline and is now completing a pullback.
the combination of the breakout from the downward trendline and the multiple support levels (sma200 and pivot point) in place suggests that the bullish momentum may continue for AUDNZD. However, it is always important to keep an eye on the price action and wait for candlestick confirmation for entry.
Based on the technical analysis of AUDNZD,it appears that the price has broken out of a downward trendline and is now completing a pullback.
the combination of the breakout from the downward trendline and the multiple support levels (sma200 and pivot point) in place suggests that the bullish momentum may continue for AUDNZD. However, it is always important to keep an eye on the price action and wait for candlestick confirmation for entry.