AUD / NZD: Daily chart - downtrend
Price on diagonal and horizontal resistance
Fibonacci: correction to 23.6%
Price Action: Pin bar on resistance - negative signal
indicators:
50 / 200MА: 50 under 200 - a negative trend
CCI (50): Below 0 - negative territory
SL: 1.0505
Alternative scenario: If the price crosses above the 23.6 on Fibonacci is possible new bullish momentum to resistance levels.
Jr_Trader_I_Ivanov
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