AUDNZD: LONG expecting a RR 1:2

Updated
This asset is in a downtrend channel but right now is touching the downtrend line and the RSI is oversold. For those reasons I´m going long expecting a rebound to a level of 1.06240 which is a resistance level. Good lucky to all!
Trade closed: stop reached
-46 Pips
Chart PatternsTechnical IndicatorsTrend Analysis

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