SamKent

AUD/NZD testing important zone

FX:AUDNZD   Australian Dollar/New Zealand Dollar
12 0 0
The pair has been in consolidation mode for a while now, which means some kind of significant break is likely coming. We're looking to follow up and see to which direction is the pair going to break the pattern, if the pair breaks higher we have our first resistance zone at around the 1.107 handle, if the pair breaks lower we're looking at a round trip back to the September lows around 109.150
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