Technician
Short

AUDNZD: One Last Downside Attempt!

FX:AUDNZD   Australian Dollar/New Zealand Dollar
817 2 10
We might get another bearish reactive bounce following the latest pin bar shown on chart and within the context of the overall bearish trend . However, i would be carfeull at current levels as the price has hit a major long term monthly support at 1.0430.

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Technician
Looks great.
However I wonder if chart would not hit the line at 1.06483 and then bounce back to the target.
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This price zone is crucial if you are looking at the weekly chart. I do like your idea for a potential pullback, but I'm more interested in the upside potential if the latest spike low was a false break in the weekly chart
Possible false break to a major support zone
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