AUDNZD is trading within a wide horizontal trading range on a daily.
The price reached its upper boundary yesterday.
Testing the resistance of the range, the price formed a head and shoulders pattern on that and broke its neckline then.
I am planning to short the pair with stop loss - 1.11075 and target - 1.1.
Good luck‼️
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Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.