01.07.2020
The currency pair is trading within the range of the round important level 1.0700 and the upper border of a descending price channel. If the round secondary level 1.0680 is breached, this will result in the formation of a 1-2-3 descending pattern.
AUDNZD rate online: monitor the price movement in real time.
Trading recommendations:
Sell below the round secondary level 1.0680 when the 1-2-3 descending pattern is formed.
Stop Loss beyond the round secondary level 1.0720.
Target levels: 1.0650; 1.0580.
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