AUDNZD in monthly demand zone .take further analysis take entry after the trend reversal or else enter with trail stoploos bcoz monthly demad zone in the major support .It is in channel pattern for the past few years .jusy my view
The pair trading in a bearish market since November last week.and erase most of the gains.
Now its trading at major resistance level at 78.6% Fibonacci
From the 1.03900 level we can open buy orders and Potential take profit will be 1.05100
Stop lose may be placed at 1.03360 level