Tradeciety

AUDNZD picking up supply

FX:AUDNZD   澳元/纽元
11
It currently looks as if AUDNZD is able to pick up new short sellers after price dipped into the supply area starting at 1.072. At the same time, we saw a double top with two close by swing highs.

We are missing a momentum-shift candle (a large red candle) that breaks the 20 SMA to complete this reversal pattern.

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