AUDNZD is currently forming lower highs (LH) and lower lows (LL), indicating a bearish trend. The recent break below support suggests increasing selling pressure, potentially leading to further downward movement in the pair.
"Additionally, it's advisable to manage risk by allocating 0.5% to 1% of your capital per trade."
"Additionally, it's advisable to manage risk by allocating 0.5% to 1% of your capital per trade."
Trade closed: target reached
tp 1 booked. closed
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.