AUDNZD short

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Price is at Resistance area with buying pressure weakening which is evident on the stochastic 4hr chart. Will be looking to see a break below and retest of the 4hr 50ma for confirmation of price reversal to the downside. with a profit target at the 1.30 level
Nota
Uptrend but reversal from resistance level on the cards. price in consolidation but look for sell opportunities once price breaks support trendline.
Chart PatternsTechnical IndicatorsTrend Analysis

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