AUDNZD (1D): Last chance - last dance.

FX:AUDNZD   Australian Dollar / New Zealand Dollar
I see AUDNZD near a critical ATR trend indicator position, just above an 'investor zone' and in a critical congestion zone. The probability is usually for the south in this situation. This is not a prediction.

As this is at the end of long trend south. If it moves south at all - I do not expect much travel south before rebellions north. Price sometimes rises above the ATR indicator before falling back under. No guarantees - only an opportunity for a controlled loss ( aka stop-loss).
Tip of the day: if you're shorting anything do it at the peak of something to minimise risk of being scalloped. [Different perspective on the virus]


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