AUDNZD
AUNZD pulled back a bit last week back to the trendline. We are still overall bullish on this pair but I see two main potential scenarios.
First is that price bounces of the trendline and breaks the 1HR structure to form higher highs.
Second is we break out of this trendline and continue with the 1HR downtrend structure.
First is that price bounces of the trendline and breaks the 1HR structure to form higher highs.
Second is we break out of this trendline and continue with the 1HR downtrend structure.
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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.