AUDNZD pair has form bearish divergence on MACD indicator and reached the resistence area on 1.07100 on daily timeframe. Also formed pinbar on this area and looking to have downward movement with TP on the Support Area 1.03600 and SL on the break of Resistence Area 1.07300. Risk Reward Ratio 1:8. Lets see the results!
Comment:
SL has been hit!