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traderpulse
Jan 2, 2019 10:48 AM

AUD/NZD Technical analysis Short

FX:AUDNZD240
Australian Dollar/New Zealand DollarFXCM

Description

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AUD/NZD has formed a bearish pennant pattern.
It has broken out of its formation with a strong bearish candle.
Hence we expect the pair to be further bearish from here.
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