Hello,Traders! AUD-NZD is trading in downtrend But the pair has reached a horizontal key level And the pair bounced off it two times However, a bearish breakout just happened Which makes a further move down probable Thus, a short trade is appropriate But we need to wait for the 4H candle to close below the level To make sure the breakout is confirmed And given how poorly breakouts perform lately Even then the trade will be risky To do not use more than 0.5% of the account Should you decide to trade it IF the price goes above the key level again The setup is INVALID Sell! Like, comment and subscribe to boost your trading!