AUD/NZD: Bearish Outlook
Aud/Nzd pair looking bearish outlook, because 50,100 and 200 ema above the current price level in longer timeframe. 1.0218 level act as a strong support for this pair and I did not find any recent and previous support for this pair. So, I think, if this pair break this level then its goin more down. After break this support we can take a short positon in this pair with tight stoploss or we can looking for short trade between 1.0260-1.0280 using 40-50 pips tight stoploss. So, keep eye's on this pair and safely trade.
Best of luck.
Best of luck.
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