AUDNZD 1H CHART

Market news

3 October 2017

AUDNZD 1H CHART

As we can see on 1-hour time frame chart, the price is moving toward our downside trend line.

If the price breaks that trend line we might see a new bullish movement close to 1.09830.

Our suggestion is to wait until price gets close to our blue rectangle which is our entry point, and see how it reacts there.

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