AUDNZD | CONSOLIDATION ON SUPPORT

AUDNZD has made the top of 1.08800. Since then we observe the price remains in bearish pressure and broke the rising support on 29 March, end of bullish point.

Recently price is consolidating in a box and we think it will be broken and price will drop to 1.07000.

Alternatively, breaking above the box will call for bulls from here.

Trade your levels accordingly.