AUD/NZD Double Confluence For Sellers

The AUD/NZD is facing resistance. We should see a move down.

The AUD/NZD is facing resistance. We should see a move down.

We can see important order blocks and strong confluence points at the top of the resistance lines. This is the two point resistance and we should see a move lower. 1.0600 is the rejection spot and 1.0530 is the first target. If the price breaks 1.0530 we should see 1.0415 as the final target for this move. The entry zone for short trades is 1.0560.

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