AUDNZD DownTrend break

AUDNZD has broken the top side of the downtrend that it has been in since the middle of August. Now as we look to see where price action will take us, lets pay attention to what price does at this structure above. If price breaks cleanly through this structure and retests on the topside of the structure, we could see stronger moves to the upside. However, if price refuses to break through this structure then we can gear up for sells taken as close to this structure as possible. Lets see how this plays out.

Penafian

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