Technician

AUD & NZD Fail at resistance! #forex #AUDUSD

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
26
Simple Charts point to a potential setback for commodity currencies over the coming weeks.
Last week's retest of previous broken key levels and rejection confirmed resistance is holding. Downside and short positions remain favored in my view, as long as those resistance levels are holding.

Good luck
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Technician
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