Description
⋅ 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.