Price for AUDNZD has made a nice bounce off the support level last week. Will be looking for a pullback this coming week and expect more upside continuation.
AUDNZD HAD INITIALLY LOOKED OUT BEARISH UNTIL MARKET SET MONTHLY TREND BY CREATING HIGHER HIGHS, PRICE MIGHT EMBED ON ZONE OR NOT EVEN GET CLOSE THEN SHOOT FOR THE SKY.CONTINUE TO LOOK OUT FOR LONG SETUPS SHOULD THE DEMAND ZONE FAAIL TO HOLD PRICE.
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Good opportunity, we can capitalize on this. Use proper RM
there is some clues for trend reversal
Good support at Fibonacci level 61.8%, potential target level 38.2%. Resistance of the previous rejection point.