AUDNZD: Bearish Outlook Explained 🇦🇺🇳🇿

snapshot

AUDNZD is testing a wide daily horizontal supply area.
The price formed a double top pattern, approaching that on an hourly time frame
and broke its neckline with a high momentum bearish candle.

I expect a retracement to 1.0848 / 1.0828

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AUDNZDaussieaustraliandollarDouble Top or BottomMultiple Time Frame AnalysispriceactionpriceactionanalysispriceactionstrategypriceactiontradingSupply and Demand

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