AUD/NZD 1:2 Short Setup

Hello Traders

After a decent upward move, price got rejected by Big Resistance Zone in 1.061.
RSI upward trendline is broken and price built a LL in lower TFs.
At this time we expect a corrective wave in a flag formation shape.
Also R:R 1:2 is already shown in chart.


Thanks for Reading
audAUDNZDTechnical IndicatorsNZDshortshortsetupTrend AnalysisWave Analysis

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