AUDNZD aiming lower (100+pips of potential)

2020년 4월 6일

Pair is testing critical areas of resistance at 0.5 and 0.618 fib retracement and finished daily red candles with rejections. 1.02 is key support and if price manages to break lower it will likely continue. AUD is more exposed than NZD and overall trend shows that. Downside is limited becuase we already have bottom and I wouldn't go long term on sell, so under these circumstances I would grab some pips if we get opportunity.

Beware of false breaks, I will wait for daily confirmation. This is still a setup, not a triggered trade!