AUDNZD breaking above the 1.1000 for the first time after 2020
AUDNZD is breaking above the falling trend line from 2018. This breakout above the falling trend line resistance of 1.1000 indicates a strong upside reversal from a multi-year base consolidation. Support for the upside extension is 1.0950 and looks higher as long as the pair stays above this level.
Note: look for the long trade entries with the stop loss above 1.0900
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