AUDNZD: Important Breakout & Key Levels (Structure Analysis)
1.083 strong structure support was easily broken and now short rally will most likely continue to the next structure.
based on 3 days chart analysis here are the key levels to look at:
1.065 - 1.069 support area is based on 2018's and 2019's price action. it might be a current goal for sellers.
1.05 - 1.1056 support area is based on current year's and 2019's price action and 2018's low.
1.081 - 1.085 is our closest resistance area .
remember that the best and safest trading opportunities are always from key levels.