DeGRAM

DeGRAM | AUDNZD divergence at resistance

Short
FX:AUDNZD   Australian Dollar / New Zealand Dollar
AUDNZD rebounded from the 1.08900 resistance level.

Price reached significant resistance on the D chart.

The market created divergence following a false breakout of the previous high.

We expect a sell off from the level, a retest of the support level, and a 50% retracement level.


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