DeGRAM | AUDNZD pullback against trend

443
AUDNZD is trading in the descending channel, indicating a bearish trend.

It is currently moving to the resistance and 61.8% fibo levels.

The market created a kill zone: the major trend is bearish, resistane, the upper border of the descending channel, and 61.8% fibo.

We expect a trend continuation trade.


-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!

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.