Possible long oppotunity on AUD/NZD.

Price has broken out of its ascending channel has returned to an area of support at the 1.0720 level.

If we see strong bullish rejection at the 1.0720 level I believe we could see bullish momentum to re-test the support of the ascending channel at the 0.0820 level, where I would take profits.

audAUDNZDChart PatternsTechnical IndicatorsLONGNZDretest-structureTrend Analysisuptrend

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