michaelmolek

AUDNZD will go down

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OANDA:AUDNZD   Dólar Australiano/Dólar Neo-Zelandês
Pair Name: AUD/NZD
Time Frame: 4hrs Chart
Direction: short

Comment:
📢 Market Update 📉💰
📊 It appears that we could witness a bearish price movement based on the current technical analysis. The price has successfully filled the existing imbalance and encountered resistance at the prominent level of 1.09000. My target is to exploit the significant downward potential required to balance the market.

💱 At the moment, the AUD-NZD pair is undergoing a bullish correction. However, my analysis suggests that we might anticipate a downward shift in the near future. Consequently, I recommend considering a selling position to take advantage of this expected move.

Stay tuned for further updates and trade wisely! 💹💵📈

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