Sell AUD/NZD Bearish Channel

3 בדצמ׳ 2024

The AUD/NZD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.

Key Points:

Sell Entry: Consider entering a short position around the current price of 1.1005, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.

Target Levels:
1st Support – 1.0962
2nd Support – 1.0944


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3 בדצמ׳ 2024

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