AUDNZD Short Trade Setup

A #short trade opportunity recently presented itself on the #aussiekiwi (#AUDNZD) #trading chart 📉.

This is indicated by the #bearish harami candlestick 🕯️ pattern just below the 1.09380 horizontal resistance level.

This indicates a rejection of the same level, with potential price move in the downward ⬇️ 👇 direction (#sell).

Sufficient downward momentum should see price dumping towards the 1.06500 psychological level and possibly testing the strength of the 1.06175 horizontal support level.

As always, please apply appropriate risk management: you might want to keep your eyes on the New Zealand employment and unemployment figures due to be released at 22:45 (GMT+1).

Happy trading!

#crosspair
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