FX:AUDNZD At daily we had a retracement at a good psychological level, which later created a higher high and right now it is laying at an other support level (retesting it to push higher)and after a good rejection (bullish pinbar) we might open a buy position till next psychological level because that is the level that might correspond at the other side...
Price is ranging in 4-H and 1-H timeframe, at the time is sitting at good resistance point, we want to see if the daily market structure doesn't break from this resistance and after bounce signal we will consider a good sell opportunity.
After uptrend break and retest we would like to see a bearish movement till our next psychological level and beyond. Our target: Up to 200 pips.