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AUDNZD: Potential Harmonic Bat Pattern (forecast)



AUDNZD is very close to a significant zone of confluence.

on a daily, we see a perfect match between a major falling trend line and horizontal structure resistance.


that resistance cluster coincides with a projected completion point of a harmonic bearish bat pattern.

1.082 - 1.083 will be the area from where a pullback will be expected.


goals:

1.0802

1.0785

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