There has been an evident downtrend since June 2022. The price continues to bounce on the resistance, just to come down and make a lower high... However, there has been somewhat an established strong support as of late around 0.64666. We will most likely see short term upside to 0.6629. And if it fails to break the resistance and come down, then the short...
Waited for structure to break to the downside before shorting near the top of this range. Happy with this entry. ATR1 for first TP and TP2 shown.
AUDNZD is testing our first resistance where we might see a reversal below this level to our first support. Stochastic is approaching resistance as well.