It looks as though AUDNZD is returning back to the trend line on the daily - awaiting a reversal pattern or a strong bullish impulse to confirm that this trend line is to be respected.
Note
approaching the daily trend line. Awaiting a break and a close outside of the upper trend line in red or a reversal pattern eg H&S, double bottom etc. to signal a reversal Trade active
I am long from 1.06076 - we will probably see a retest of this level of this initial surge.Trade closed: target reached
This was a home run!
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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.