Chart of The day $AUDNZD 06-25-2018

On the AUDNZD chart, we can see that the pair has bounced off the key Fibonacci 61.8% retracement level of the last swing down. The pair is now in what seems to be a bullish flag with the important upside resistance 1.0750-1.0800 zone. The break above this zone will lead to a test of recent 1.0960 highs.

Note: based on a price action look for the long trade entries with the SL just below the 1.0700 level

AUDNZD price action technical analysis

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