Upon analyzing the AUDNZD trend, it's evident that the pair has been in a bearish trend for an extended period. According to the Dow Theory, which emphasizes the importance of trends and their confirmation, it would be advisable to enter a short position. This position can be maintained until the pair reaches its daily support level. Always ensure to use appropriate risk management techniques when trading.
Support and ResistanceTrend Analysis

Also on:

Disclaimer