ForecastCity

💡Don't miss the great sell opportunity in AUDNZD

Short
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.0810).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. AUDNZD is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 44.

Take Profits:
TP1= @ 1.0770
TP2= @ 1.0750
TP3= @ 1.0720
TP4= @ 1.0673
TP5= @ 1.0625

SL: Break Above R2

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