AUDNZD: Classic Structure-Based Trade 🇦🇺🇳🇿

Long

Australian Dollar / New Zealand Dollar (OANDA:AUDNZD)

OANDA:AUDNZD Australian Dollar / New Zealand Dollar

Support and Resistance Supply and Demand Double Top or Bottom AUDNZD aussie australiandollar NZD newzealanddollar forecast signal

supportandresistance supplyanddemand doubletoporbottom audnzd aussie australiandollar nzd newzealanddollar forecast signal

snapshot

AUDNZD reached a wide horizontal demand area.
The price formed a double top on that.
Its neckline has just been broken.

I expect a pullback to 1.101 / 1.102

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