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Dec 14, 2023 6:09 AM

AUDNZD LONG PROJECTION Long

Australian Dollar/New Zealand DollarFXCM

Description

AUD/NZD has recently validated a ChoCh (Change of Character) within the bearish order flow, particularly on the 4-hour timeframe. In this scenario, there was an observable Fair Value Gap (FVG) alongside a crucial Order Block (OB). Currently, the strategy involves awaiting a price movement to purge liquidity in the vicinity of the identified Order Block before the anticipated rally.
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