AUDNZD is not able to resume bullish trend so bias is bearish.
I´m entering short with a first target of 1.05 to move stop to B/E
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6 Trading Rules :
1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small and increase exposure when trend is confirming your analysis 6. The hard trade is the right trade
Josep Pocalles
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Cloud worked as resistance and pair is back below trendline. A bearish ressumption is possible, moving stop to 1.0705