Chart Of The Day: AUD/NZD

Chart Of The Day: AUD/NZD

AUD/NZD should come into key resistance at the 1.0800 level, which is a confluence of the 78% Fibonacci retracement of the 2021 high to 2021 low. Also, it is the 161% extension of the October 2021 high to November 2021 low. A bearish "Bat" harmonic pattern would develop and this could be a good level for a possible counter trend short looking for a move back to the 1.0650 level initially.



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