AUDNZD...DT Continuation
I believe that the downtrend on the 1D timeframe will continue, given that Price Action closed below 1.0877.
Resistance at 1.0874 has encountered a price rejection and may be poised to resume the downtrend following this significant rally.
If the resistance level at 1.0942 is broken with the price closing above it, there is a possibility of the price moving higher towards the supply zone around 1.0962.
Resistance at 1.0874 has encountered a price rejection and may be poised to resume the downtrend following this significant rally.
If the resistance level at 1.0942 is broken with the price closing above it, there is a possibility of the price moving higher towards the supply zone around 1.0962.
Professor C. E. Ward
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