SetupsFX_| AUDNZD: Correction is likely to happen!

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Dear Traders,

The AUDNZD currency pair is likely to experience a correction as the price has been in a prolonged bullish trend. We have observed significant selling volume in the market which suggests a potential reversal.

Fundamentally, we anticipate a strong New Zealand Dollar (NZD) to overtake the Australian Dollar (AUD) in the coming days.

Please exercise prudent risk management when trading AUDNZD.

Team Setupsfx
Trade closed: stop reached

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