AUDNZD has reached a significant resistance

After increasing by 200 pips from 1.0280 to 1.0490, the pair AUDNZD could drop until 1.0400. The price has reached a downtrend line which seems to be a key resistance area. There is an opportunity to grab some pips here from 1.0470 to 1.0400 with a stop loss at 1.0500.

Enjoy !

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