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FinancialGamblR

AUDNZD Breaks Below 1.10365

Short
Australian Dollar / New Zealand Dollar (FOREXCOM:AUDNZD)  
FinancialGamblR  
FOREXCOM:AUDNZD   Australian Dollar / New Zealand Dollar
Support and Resistance Multiple Time Frame Analysis Candlestick Analysis AUDNZD Forex trading analysis daytrading priceaction breakout
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supportandresistance mtfa candlestick audnzd forex trading analysis daytrading priceaction breakout
Looking at the daily timeframe, AUDNZD failed to breach new highs on July 27. As price traded lower, it settled in a range, with the lower boundary being 1.10365. Now that price is breaching below this level, I am expecting downside momentum to pick up.
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