On the AUDNZD daily chart, we can see that the pair has bounced from the 200 SMA 1.0592 level and is testing now the median line of the Pitchfork channel 1.0800 level. The rejection from here could lead to a downside continuation into 1.0600 level again. The daily close above this level will lead to the upside continuation.
Happy trading! (click on the chart to enlarge it)
Through time we have developed a very respectable trading strategy which defines Entry, Stop Loss and Take Profit levels with high accuracy and allows you to make position Risk Free. If you want to learn all about it and become a professional Trader, sign up now and become a member here