An ascending channel on the daily time-frame signals a potential short of the Aussie kiwi pair with prices currently at 1.09508 level. Patiently waiting for a bullish run to price levels around 1.10458. Thus the 1.10458 level is an important level where prices could reject.High probability sell opportunities can be anticipated.A 1H and 15min bearish flag after the rejection strengthens the confirmation of a bearish market.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.