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AUDNZD is trading in a bearish trend.
The price is currently accumulating within a descending triangle formation.

1.067 - 1.069 is its neckline.
If the price breaks and closes below that on a daily, probabilities will be high that the market will drop lower.
Next support will be 1.0627

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AUDNZDElliott WavepriceactionpriceactionanalysispriceactionsignalspriceactionstrategypriceactiontradingTrend LinesTriangle

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