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Australian Dollar / New Zealand Dollar
Short

AUDNZD: Trading Plan For US Session

By VasilyTrader
snapshot

AUDNZD retesting a key daily structure resistance.

on hourly time frame the price is trading within a bullish flag pattern.
once the yellow supply area was reached, the price formed a double top with a lower high.

I want to see a bearish breakout of its horizontal minor support 1.0813 to short the pair.

target levels:
1.0792
1.0777

if the market sets a new higher high higher close within the flag, setup will be invalid
audAUDNZDaustraliandollarChart PatternsCurrenciesDouble Top or BottomFlagForexmoneynewzealanddollarNZDTechnical Analysis
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