Short on AUDNZD on the correction
on the daily timeframe, the market retraced to the optimal trading zone after the 1:00 am news
Opportunity is available at this level for continuation of the downtrend.
This is further qualified by the RSI on the 1H timeframe= It is overbought.
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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.
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.