Nice congruence for shorting AUDNZD
1)Resistance area is obviously seen and has been retested several times (marked in green) + opening position as a trend continuation.
2)Commodity prices keep on pressing on Australian economy, there is no benefits for strengthening AUD in near future, and NZ look quite relatively good to all majors.
2)Commodity prices keep on pressing on Australian economy, there is no benefits for strengthening AUD in near future, and NZ look quite relatively good to all majors.
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