As we can see AUDNZD was in distribution phase or sideways for quite some time but then it broke to downtrend and now it has retraced for making a Lower High on which we can enter for a short trade until the support & resistance.
Note
TP Hit, Now it has reached to the support & resistance from where we can see the reversal to be kicked in.
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.
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.