AUDNZD
I am short AUDNZD at 1.02550 on the back of the 1:1 (Purple) and 50 Fib resistance level, the stochastic is also reading extremely overbought and has just swung to the downside. I am keeping stops tight above 1.02900 with an initial profit target of 1.00200.
* A 1:1 refers to a current correction being equal in length to a prior correction
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