OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
A short position of AUDNZD is currently on our radar. The disappointing print of Australian GDP was the movement catalyst and chances are the bearish momentum will prevail. The price is currently in between two S/R zones and might possibly stay there as Monday's session are usually slower. We anticipate the overnight gap to get closed. Our current point of entry is 1.08003 with two exits, the first will be placed at 1.07182 (net 82 pips) and second at 1.06673 (net 132 pips).
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