AUDNZD on H1 corrects growth impelled by the Fed Wednesday statement regarding rate hike in USA. Over the highs of downward correction was led a trend line, which is currently being tested by the pair. Just above is a local resistance at 1.0976, which price failed to break during the Asian session. Successful break of both the trendline and the aforementioned local resistance could mean a potential end of correction. Such a scenario would open way to the area of last week highs at 1.1018. Alternatively, a positive test of the trend line and setting a new, lower low will unlock potential declines towards support at 1.0893.

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