My plan was to dominate the AUDNZD this year with a massive weekly H&S pattern. Well, that was spoiled slightly with the leakage lower into the 1.04 level. The pair has gone nowhere for weeks but we are now simply watching for a confirmed breakout either direction. Any SELL breakout we are looking for a re-test of parity 1.00 and anticipating a double bottom. Any BUY breakout we are looking at monthly pivots above that have yet to be hit. You can see more setups like this live and on-demand at DAYTRADERS FX
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