AUD/NZD Daily chart technical analysis.

FX:AUDNZD   Australian Dollar / New Zealand Dollar
16 0 0
Sentiment: Bearish inside red channel. ( Bearish )
Trend Strength: Moderate
Pair rose from S1 which was our buying place last week.
First target should be R1, which is potential selling place.
Close above R1 would confirm deeper correction.
It would cancel selling.
Close above channel would be bullish sign.
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