This is H2 chart of AUDNZD. After forming 5 wave up, price has formed Rising Wedge and has given clear break down from the wedge, hence strong short set up for TGT 1.0480 SL 1.0600.
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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.