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After a strong bearish rally, AUDNZD retraced to a key horizontal resistance.
The price was steadily growing within a rising parallel channel.
One the underlined area was reached, the pair broke and closed below a support of the channel.

Probabilities will be high that a bearish movement will resume now.
Goals will be 1.0632 / 1.0593

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AUDNZDDouble Top or BottomFibonaccinewzealanddollarNZDParallel Channelpriceactionpriceactionanalysispriceactiontrading

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