FX:AUDNZD Australian Dollar/New Zealand Dollar
formation showing strong resistance at around 1.07524. From the second high point on the there has been an MA downside crossover and a strong movement down to the weekly support which we are now sitting on. We could see a break of this and see new 2016 lows or we could see a potential bounce from this . I will be waiting to see a break of this before entering a short order on this pair.