AUDNZD

Simple setup looking for a reaction around the trend line to hop on the bearish momentum for selloff continuation.

COUNTERTREND buy setupLONG at market around 1.0425SL 1.0365TP 1.0525

SELL THE PREVIOUS SUPPORT NOW RESISTANCE AROUND 1.07 AROUND 50% RETRACEMENT

USE ANY DIP IN AUDNZD TO GET INTO A LONG POSITION SUB 1.08 TARGETING 1.0890

We are seeing to possibilities to play out at the channel resistance, both trades and ideas are valid but we would prefer scenario w the breakdown as it goes with the trend continuation

needs to take out that level to confirm continuation of the bullish momentum and a false breakdown last week.

bullish daily play if it takes marked levels

Long opportunity BUY ZONE 1.0750 to 1.0850 FOR TP around 1.15

RETEST and lets see if we get continuation next week

Buy at the market stop 1.0740 or 1.07 with TP around 1.09-1.10 area