AUDNZD pullback before bearish movement

Today the market recorded a double bottom, signaling a pullback towards a critical level for a potential deep downward continuation.

The bulls will find a descending trendline, golden Fibonacci level, and a supply zone at the critical level. An exciting battlefield where bears might gain control of the game and move the price action to the previous support zone. Check on a higher timeframe to get a better picture of the levels involved.


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