FX:AUDNZD   Australian Dollar / New Zealand Dollar
AUD/NZD had broken descending channel and rallying through a supply zone and formed a new demand zone which means bull in control. With a supply zone ahead at 1.0710 which is touched on 17/Apr, currently price may trade sideways and then rally towards 1.0810 or drop to 1.0610 then rally towards 1.0810. SL around 1.0530 area as it may trigger a risk of 200pips free fall.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.