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AUD/NZD Technical Analysis

Short
Australian Dollar / New Zealand Dollar (OANDA:AUDNZD)  
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OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Chart Patterns AUDNZD audnzdshort audnzdlong audnzdforecast audnzdanalysis audnzdsell audnzdbuy audnzdsignal audnzdsetup
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trendanalysis chartpattern audnzd audnzdshort audnzdlong audnzdforecast audnzdanalysis audnzdsell audnzdbuy audnzdsignal audnzdsetup

The counter has been on a selling spree for the last 3 months.
Now, it has broken down a critical support level of 1.05620 and retested it, validating the breakdown.
Hence, we expect the pair to weaken further from here.
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