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Australian Dollar / New Zealand Dollar
Short

AUDNZD: Key Level Ahead! 🇦🇺🇳🇿

By VasilyTrader
Updated
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Hey traders,

AUDNZD is entering a peculiar potential reversal zone based on a recent daily structure.
1.072 - 1.074 is the underlined supply cluster.

To catch a pullback from that, keep following a rising wedge pattern on 1H.
Wait for its bearish breakout, then short.

Goals will be 1.066 / 1.0625

In case of a bullish breakout of yellow zone, setup will be invalid.

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Check my new idea on AUDNZD:
AUDNZD: Short Trade Explained 🇦🇺🇺🇸
AUDNZDForexSupport and ResistancetradingTrend AnalysisWedge
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