AUDNZD on the weekly chart hit the important psychological level around 1.10 and got sharply rejected.
Price couldn’t break the level and started a slow retracement waiting for the bulls to come back.
At the moment on the daily chart price is testing a support on a daily resistance.
IF the market will manage to break and close below it, at the retest of the structure, we can set a nice short order according with PLancton’s strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.