AUDNZD: Important Breakout & Bearish Continuation 🇦🇺🇳🇿
Updated
Hey traders,
AUDNZD broke below 1.041 key daily structure support.
After a long-lasting bearish accumulation on that and the formation of a descending triangle,
the price managed to violate its neckline and drop lower.
Now we will expect a bearish continuation within a falling parallel channel.
Consider its boundaries for trend-following/counter-trend entries.
Good luck!
❤️Please, support this idea with a like and comment!❤️
Note
Check my new analysis on NZDJPY: 
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
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.