AUDNZD: Important Breakout & Bearish Continuation

20 nov 2020

After a quite long accumulation, bears managed to break and close below a major 3 days/daily structure on AUDNZD.

now the broken structure turned to resistance, and bears will push much lower.

I am now bearish biased and will wait for a retest of the broken level to look for short opportunities.

the next major support area is 1.026 - 1.036.
it is the next goal for sellers.