AUDNZD is coming from Master candle resistance. Master candles are momentum candles - usually Marubozu candles which mark important support and resistance levels. The thing is we need to take master candles in the analysis. We also see a trendline, 88.6 fib retracement and l5 camarilla for a buy setup. target is 1.1215 but I suggest using trailing stop.
The analysis and the article presents Nenad's opinion. Remember, financial trading is highly speculative & may lead to the loss of your funds. Proper risk management is the Holy Grail of trading.
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