AUDNZD Long-Term Short
Weekly: August bull trend broke in September, momentum in favor of bears with no signs of reversal. Is this the beginning of a downtrend or a minor correction?
Daily: Price looking for its 3rd drive towards the downside. Lower high shown at 1.07800, AUDNZD nwo looking for its lower low, (2) tp's shown above, this is a long term trade with a potential drop below 1.0100.
4HR: Double top @ 1.0800, followed by lower highs, the price is currently sitting at minor support. 4hr break below 1.06700 and expect a sell-off, a 4hour close above 1.07 and expect our August trend high to be tested.
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