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AUDNZD Potential breakout opportunity

FX:AUDNZD   Dolar Australia/Dolar New Zealand
Price is testing what appears to be the neckline of a potential head and shoulders pattern. Failure to hold here could crash price to 1.0500s and a close below neck line would be a good signal for such a scenario. On the other hand, a hold here could see price retest the major descending trend line and potentially break it.
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