AN_chart 05.01AUD/NZD M15 chart shows higher upward rebound, but still in the broader horizon we are inside the downtrend. However, for the short-term trades we may use current moves. Price defeated the last high level, which now acts like a support. After correction, rate found itself in its vicinity. We can observe candles with long lower shadows there, which may indicate need of further increases in the next hours.

AU_screen 05.01

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