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AUDNZD FORECAST

Short
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
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FX:AUDNZD   Australian Dollar / New Zealand Dollar
AUDNZD 1h 4h Daily Charts breakout Cypher FLAG setup forecast reversal
2
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audnzd 1h 4h daily breakout cypherpattern flag setup forecast reversal
AUDNZD is looking to complete its Cypher pattern / M formation and we expect more downwards pressure early on this week.

Breaking the immediate support level is key. If it holds, we expect a retest of the 200 MA first, before it continues its bearish trend.

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