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AUDNZD: Important Breakout & Bearish Continuation
Australian Dollar / New Zealand Dollar
Short
AUDNZD: Important Breakout & Bearish Continuation
By VasilyTrader
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Nov 20, 2020
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Nov 20, 2020
After a quite long accumulation, bears managed to break and close below a major 3 days/daily structure on AUDNZD.
now the broken structure turned to resistance, and bears will push much lower.
I am now bearish biased and will wait for a retest of the broken level to look for short opportunities.
the next major support area is 1.026 - 1.036.
it is the next goal for sellers.
aud
AUDNZD
australiandollar
newzealanddollar
NZD
priceaction
Support and Resistance
swing
trader
Trend Analysis
Wave Analysis
VasilyTrader
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