This trade setup is taking advantage of the Bearish Trend on the Daily and 4 Hour Charts, the Tweezer Tops of the Daily Chart and the False Consolidation Breakout on the 4 hour. These are supporting a bearish move in favour of the NZD that is expected to provide gains towards the major support of 1.0418.
audAUDNZDChart PatternsconsolidationForexfxtradingTechnical IndicatorsNZDswingtradingtradingTrend AnalysisTweezer
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