Daily Price Action
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Price Action Setups – AUDNZD and NZDJPY

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Not a lot of price action today. However, the AUDNZD is still range bound as it’s capped by the 1.09 level. A break to the upside may provide quite a bit of room to run. We might see some price action this week that would indicate whether the AUDNZD is ready to break this range, or turn south for another test of recent lows.

price action setup on the audnzd chart

The NZDJPY is still holding that key level at 87.6. The price action at the moment is looking fairly bullish. However, the pair’s inability to follow through on multiple pin bars last week may be an indication that near-term support may not hold. We’ll have to wait and see if we get any indicative price action this week.

nzdjpy price action setup chart

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