AUDNZD is in downtrend and price is in between the channel. Longer time range is in between 1.0750 and 1.0230. Keep an eye for the break of channel. A break above may take the price up to 1.0750 level while a break below will only bring more selling pressure as both range and channel break points nearly intersects.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.