AUDNZD is looking to complete its Cypher pattern / M formation and we expect more downwards pressure early on this week.
Breaking the immediate support level is key. If it holds, we expect a retest of the 200 MA first, before it continues its bearish trend.
Breaking the immediate support level is key. If it holds, we expect a retest of the 200 MA first, before it continues its bearish trend.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.