DeGRAM

DeGRAM | AUDNZD short from the kill zone

Short
FX:AUDNZD   Australian Dollar / New Zealand Dollar
AUDNZD is making lower lows, indicating a bearish trend.

It is currently near the resistance, 50% fibo, and psychological level at 1.07000.

The market created a kill zone: the major trend is bearish, resistance level, fibo.

We expect a trend continuation trade potentially retesting the support level.


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