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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

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