ThinkingAntsOk

AUDNZD Trading Plan on the Daily chart

FX:AUDNZD   Australian Dollar / New Zealand Dollar
Main items we can see on the chart:

a) Currently, the price is on the edge of a resistance zone + a descending trendline

b) There we can see a corrective structure (yellow lines)

c) The first thing we will wait for before trading is a clear breakout of the corrective structure

d) IF that happens we will look for corrective structures on the 1H chart, we will trade towards the next bullish target

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