AUDNZD: Important Breakout & Bearish Outlook Explained

↪️AUDNZD effectively breached two significant daily formations: a flat support and an ascending trend line, following the formation of a twin peaks pattern. This violation indicates the power of the sellers and suggests a probable local shift in behavior.

There is a high likelihood that the pair will decline further towards the subsequent support.

For potential trades, it is advisable to wait for periodic confirmation of the broken formation...Trade safely 👍✅