AUD/NZD Analysis :
AUD/NZD is moving in a downtrend range by forming Lower Highs and Lower Lows in H4 Chart.
Now, it has reached the bottom zone of the downtrend line.
Let’s wait for the confirmation of Reversal or breakout to enter into the long term trade on AUD/NZD.
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Education note :
Uptrend = Higher Highs and Higher Lows
Downtrend = Lower Highs and Lower Lows