AUD/NZD 1H frame, it is still in the channel.

The price is still the channel (from late April to date) and is hitting the floor. And if we look at the fibo, there is a potential to pullback to 1.0735 area (near 0.236 line) then after that, we will observe, will it go down to 1.067 price or will breaking the ceiling to fibo 0.382 to 0.5 area. In monthly frame there is a big potential to short, but the price is still near the resistance area, maybe it will get a consolidation first.

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Wish U all making a good profit this week.