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Australian Dollar / New Zealand Dollar
Long
Sep 13, 2020
AUDNZD
1
Grab this chart
Grab this chart
1
1
AUDNZD respected the daily ascending trendline and broke out of a minor H4 descending trendline. I see three possibilities for next week.
1) Price can keep going up from where it is now.
2) Price can retrace to the daily trendline and minor support level and push up from there.
3) Price can break through the trendline, form a bearish correction and fall.
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