• Vasily Trader

AUDNZD: Update & Bearish Continuation (forecast/Structure Analysis)

hey guys,

a lot of questions concerning my last post on audnzd.

yesterday I posted a trading plan for the US session but the market dived a bit deeper making our plan invalid.

major supply zone on audnzd is based on a contracting area between a horizontal daily structure and a falling trend line .

yesterday the price went rejected from the upper boundary of the zone and broke and closed below the daily support.

now bearish continuation is highly probable.

goal for sellers - 1.0777