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DeGRAM | AUDNZD in the descending channel
Australian Dollar / New Zealand Dollar
Short
DeGRAM | AUDNZD in the descending channel
By DeGRAM
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Aug 1, 2023
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Aug 1, 2023
AUDNZD is trading in the descending channel.
Recently, the market broke and closed below the psychological level at 1.08000.
The market created a kill zone for short opportunities.
On the daily timeframe, the price made a bearish move and retraced, so we expect a trend continuation trade.
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Chart Patterns
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