Prjames

Major structural level first formed in June

FX:AUDNZD   Australian Dollar / New Zealand Dollar
17 1 2

Major structural level.

If we see a retest as resistance we can look to short or If the price action breaks through look to go long.
Looks like this structural position will be holding as resistance.
The price action has put in a good double top and a doji candle. If the next candle is a lower low, lower close then I'll look to enter a trade shorting 2 lots. Stops placed 20 pips above previous structure high and first target @ fibs 0.382 and second I'll trail.
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