The key support zone for the AUDNZD between 1.0820-1.0880 that got broken which we mentioned in our daily trade ideas was followed by another quick re-test before price continued to sell off.
Congrats to the members that shorted this opportunity as you should be in good profit by now.
Price is now closing in on a medium support starting to come in at around 1.0600. A daily close below 1.0550 could open up for further potential shorting opportunities and a likely continuation down towards the LT key resistance zone between 1.0330-1.4000.
Meanwhile I'm interested in selling pullbacks into the 1.0800 resistance.
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