FOREXCOM:AUDNZD   Australian Dollar / New Zealand Dollar
Set up: Daily retracement to the 61.8 fib level and a previous S/R zones (dashed line), possible continuation of the downtrend.
Trade: Entry at the psychological 1.3 level, setting the SL a few pips above the 61.8 and the previous S/R level. TP is taken at the relevant fibonacci extension.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.