AUD/NZD 4-Hour Forecast: Short Position Analysis
🔻 **AUD/NZD 4-Hour Forecast: Short Position Analysis** 📉
AUD/NZD is currently trading at **1.11236**, and we’re looking for a potential short setup targeting a move down to **1.09743**. With resistance levels established, this setup could open opportunities as the market tests and confirms these points.
🔍 **Key Levels to Monitor:**
- **Current Price:** 1.11236
- **Resistance Zones:** 1.11241, 1.11080
- **Bearish Target Range:** 1.11254 to 1.09743
📈 **Forecast Details:**
If AUD/NZD respects these resistance levels, we could see a downward move. The initial resistance zone of **1.11241** could confirm an entry, and if the market holds below **1.11080**, this strengthens the bearish momentum. The final target near **1.09743** aligns with the broader trend.
💡 **Market Outlook:** This setup aligns with ongoing trends, and watching price action at these resistance levels will be essential. We’ll stay alert for signs of confirmation as the market progresses.
👉 What’s your analysis on AUD/NZD? Share your thoughts below!
#AUDNZD #ForexForecast #ShortPosition #4HourChart #Pipnest #ForexTrading
AUD/NZD is currently trading at **1.11236**, and we’re looking for a potential short setup targeting a move down to **1.09743**. With resistance levels established, this setup could open opportunities as the market tests and confirms these points.
🔍 **Key Levels to Monitor:**
- **Current Price:** 1.11236
- **Resistance Zones:** 1.11241, 1.11080
- **Bearish Target Range:** 1.11254 to 1.09743
📈 **Forecast Details:**
If AUD/NZD respects these resistance levels, we could see a downward move. The initial resistance zone of **1.11241** could confirm an entry, and if the market holds below **1.11080**, this strengthens the bearish momentum. The final target near **1.09743** aligns with the broader trend.
💡 **Market Outlook:** This setup aligns with ongoing trends, and watching price action at these resistance levels will be essential. We’ll stay alert for signs of confirmation as the market progresses.
👉 What’s your analysis on AUD/NZD? Share your thoughts below!
#AUDNZD #ForexForecast #ShortPosition #4HourChart #Pipnest #ForexTrading
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