AUDNZD Within the RANGE: Key Levels & Structure
AUDNZD is unstoppable.
the pair keeps growing like crazy, breaking multiple daily levels.
big picture helps to identify the goal of buyers:
on a weekly, the price is clearly trading within a wide horizontal trading range.
1.2 - 1.3 is its resistance and it looks like buyers will do everything to push the market to that target.
only from that area, it would be safe to look for long term short opportunities.
1.0 is the support of the range.
just remember that level. place the alert on that and once the market reaches that,
It will be a very safe level to buy from.
good luck
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