FX:AUDNZD Australian Dollar / New Zealand Dollar
The in which the price is ranging right now has already been tested 3 times as a Support. Logically, we can't blindly trust this and just place Buy Limits. The more a price level has been touched or tested, the more likely it is to be broken. Therefore, we will wait for clear rejections in lower timeframes to confirm the . Although, if the price breaks our support and goes lower than the previous higher low, we would wait for a Clear Retest and look for Sells inside the Flip Zone.