AudNzd:Will It Hold Or Will It Go?

Comments on the chart

Kommentera:

Price did not progress downwards as expected. Price could bounce here as the downside momentum seems to have slowed. Thanks MooreCapital for first mentioning that as a possibility

Kommentera:

Price is still hugging the support line. The move down is not decisive anymore. However I am still looking lower

Kommentera:

Still hugging the support line. Momentum has died for now

Kommentera:

price is not bouncing...
more downside in store imho