AUDNZD Potential breakout (short) trading opportunity
Pair broke above previous resistance of 1.1300 but got rejected at 1.1400. Daily chart made first LL and now price is consolidating just above significant level of 1.1000. Price created nice level just above 1.1000 and I am interested in exploiting any breakdown of this level. There is no major support until 1.0900 level.
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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.