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AUDNZD Short Setup H1

Short
Australian Dollar / New Zealand Dollar (OANDA:AUDNZD)  
Forex48_TradingAcademy  
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Fundamental Analysis Technical Indicators signals forexsignals short dollar setup services Forex
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On AUDNZD, a bearish scenario is emerging after the break of last night's lows and after the bounce on a supply zone that I have highlighted in red. Within the supply zone, I have identified a POI zone, an excellent entry point for a short trade if the price were to return to the 1.0722 zone.

Let me know what you think.

Good trading to everyone, bye.




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