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AUDNZD is steadily going down and currently, the pair is approaching the first strong support level 1.05.

on 4H the pair is trading within a falling wedge pattern.
Bullish breakout of it will be a perfect confirmation for us to open a long trade.

Target levels will be 1.058 and 1.065

Stop will be strictly below the LL.

*in case of a bearish continuatino and market close below 1.05, the setup will be invalid.
audAUDNZDaustraliandollarChart PatternsCurrenciesForexTechnical IndicatorsnewzealanddollarNZDTechnical AnalysistradingTrend Analysis

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