AUD/NZD Daily Short Possibility

The AUD/NZD daily chart has had a strong sell off the last two months or so which means the bears are in control at the moment. Prices busted right through a strong support area which was respected twice before on the chart(marked with circles) and now we are waiting for prices to rotate back up to this area and hopefully print a bearish price action trade setup.

If we can get that bearish price action trade setup to form in the area marked by the square on the chart then we will have a great short opportunity.