AUDNZD CONSOLIDATION BREAK

Pair: AUDNZD
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, trend channel, consolidation period
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Key Takeaway: Been consolidating by this level of support for quite some time now and we are seeing alot of big wicks on top of recent candles indicating the rejection of bullish momentum. We need to see a close below this level of support before we can enter short
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Level needed: need a close by 1.11260
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Trade: Short
RISK:REWARD 1:10
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