SamKent
Short

AUD/NZD critical breakout, waiting for pullback

FX:AUDNZD   Australian Dollar/New Zealand Dollar
101 0 1
The AUD/NZD             has just broken out from the long standing 1.09150 support level on the back of massive impulsive selling. We're very interested in trading a pullback back into this area, with the anticipation of it acting as a role reversal level; the level also coincides nicely with the 38.2% and 50% of the latest bearish impulsive waves.
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