Market Watch: AUD/NZD Faces Critical Resistance at 1.111400 Leve
The AUD/NZD 1-hour chart appears bearish as it struggles to break above the 1.111400 level, having double-tested this resistance, forming a potential double top pattern. This situation strongly suggests a downside trend. However, if the price manages to break above the current resistance level of 1.111400, it would indicate a bullish continuation. Let's observe how the market develops.
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