AUDNZD: Your Trading Plan Explained 🇦🇺🇳🇿

One more instrument that we discussed on the today's live session is AUDNZD.
The market is currently testing a confluence zone based on a rising trend line and a horizontal support.

To buy the pair with a confirmation, wait for a bullish breakout of the resistance of a horizontal trading range on an hourly time frame.
You need an hourly candle close above 1.0859 to confirm the violation.

A bullish continuation will be anticipated to 1.0878 then.

Alternatively, a bearish breakout of a trend line will be a strong bearish signal.

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