nikitafen46
Long

AUDNZD Price Following Prediction

FX:AUDNZD   Australian Dollar/New Zealand Dollar
Recently this pair showed a second double top at the same resistance level .
I predict the pair will go down to complete the second shoulder of the inverted Head & Shoulders .
After that, it could go up to test the neckline of the formation.

IF it breaks out of the neckline resistance, we will have a much better chance of a long position.

For now, watch the price for a bounce from either 1.0470, or the level below it at 1.0412
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