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AUDNZD: Do You See This Cute Pattern Forming



AUDNZD is trading within an expanding wedge pattern.

Reaching its resistance, the price dropped two times forming a head and shoulders pattern.


I am waiting for a neckline breakout as a trigger for a further decline.

I need at least 4h candle close below 1.0396 - 1.0405 area.


Next support will be 1.035


In case of a bullish breakout of the wedge , the setup will be invalid.


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