AUD/NZD Technical Analysis & Trade Setup

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Hello. This is my technical analysis for AUD/NZD.

The pair has been in a downtrend for a while, however right now it is approaching resistance levels and I think if it manages to break through the trend line, we could be looking for a reversal.

aud_nzd_long.png

Entry: 1.05087
Take Profit: 1.06202
Stop Loss: 1.04527

AUD/NZD Technical Analysis & Trade Setup | Ecency