Lingrid | AUDNZD long from the SUPPORT level

AUDNZD has broken through the range zone and has created new extensions. It is currently hovering around the key level of 1.1000. The market appears to be in an accumulation phase, suggesting a potential upside move that could result in new highs. As the price consolidates, I anticipate a pullback to a support level followed by an upward move to retest the recent highs. It is likely that the market will reach the resistance on the daily timeframe. My objective is to reach the resistance zone at 1.10070.


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