Unlike most other pairs, AUDNZD has been oscillating in nature. If the past has been any indication, it consolidates in a range and then sustain breakout momentum.
There's significant volatility with this pair, making it a good choice to catch these breakout momentums. As long as price continues to below the lower range boundary, I anticipate high likelihood of further downside momentum.
There's significant volatility with this pair, making it a good choice to catch these breakout momentums. As long as price continues to below the lower range boundary, I anticipate high likelihood of further downside momentum.
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