Set up: Daily retracement to the 61.8 fib level and a previous S/R zones (dashed line), possible continuation of the downtrend.
Trade: Entry at the psychological 1.3 level, setting the SL a few pips above the 61.8 and the previous S/R level. TP is taken at the relevant fibonacci extension.
audAUDNZDChart PatternsTechnical IndicatorsNZDSELLshortTrend Analysis

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