ADAMMAC
Short

AUDNZD DAILY DOWNTREND CONTINUATION

FX:AUDNZD   Australian Dollar/New Zealand Dollar
108 0 4
AUDNZD             currently sitting in a range bound market just waiting for the perfect opportunity to continue its downtrend.

MA crossovers confirming the potential continued down trend.

Plenty of space on the downside for targets 1, 2 to be reached.

Enough for around 180 pips in the long run.

After that theres much support which could see the reversal of this pair.

A clear cut breach of the critical zone on the weekly timeframe will confirm further.

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