💡Don't miss the great sell opportunity in AUDNZD

Dec 29, 2020

Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.0667).
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 downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 30.

Take Profits:
TP1= @ 1.0641
TP2= @ 1.0625
TP3= @ 1.0591
TP4= @ 1.0563
TP5= @ 1.0515

SL: Break Above R2

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