justatrader

AUDNZD, heading to support at 1.0265

FX:AUDNZD   Australian Dollar/New Zealand Dollar
80 0 4
After price hit resistance yesterday, there was a bearish engulfing on daily charts . H1 charts (to the right) shows a bear flag formation. The bear flag's target sits in at 1.0264, the previous break out level. So a retest is evident from where new buy opportunities can be spotted.
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