Orion-FX

AUD/NZD a good strong sell zone!

Short
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
We can see the price rejecting this area several times over the last few weeks.

The pair had also been rising at a steady pace for the past 2 - 3 days, forming an ascending channel . Bears will be looking for this channel to break to the downside as a signal to sell, now that AUDNZD has reached the light HFT selling pressure zone.

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