AUDNZD SHORTING OPPORTUNITY ANALYSIS AND TRADE SIGNAL

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We have this Daily ICI to the downside, we are also currently testing very strong supply with the green candle created on the move to the downside where on the weekly still is previous support turns resistance.

We drop down on the 4H time frame. Currently the market is cut for bullish with the EMA's cut for long and the MACD is above the 0 (zero). I've marked with the yellow rectangle where the previous support where if the market has manage to break to the downside turns resistance where it retest on our entry and EMAs cut for short and is lining up with structure, its where we shift to the move to the downside, MACD is below the 0 (zero), Take profit is the -0.272 on the Daily retracement and Stop loss is above the 0.786 taken on the 4H impulse.

~TRADE SIGNAL~

SELL
Entry: 1.03795
Take Profit: 1.03054
Stop Loss: 1.04096

**NOTE: wait for the break and retest of the level before entering

Good luck!

You have plenty of time to achieve your target. Take it slow, observe good risk management techniques.

~FX_SHIFTER