Looking at the AUD/NZD 2H chart, we have a simple flag continuation pattern, which if broken will be a bearish breakout of recent swing low; the trade is also supplying us with about 2.4:1 in risk vs reward terms.
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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.