My view on AUD/NZD, I am bearish on this pair and i believe that the market wouldn't neglect the 'Double Top' formation. The '$$' represent the liquidity zone, we would observe from previous data that the market keeps grabbing more buys whenever it gets to that zone.You can wait for more confirmation on your strategy, but my general bias is bearish..
NOTE:
MR means Major Resistance
DT means Double Top
$$ means Liquidity Zone
NOTE:
MR means Major Resistance
DT means Double Top
$$ means Liquidity Zone
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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.