AUDNZD currency pair since yesterday afternoon, is moving south as a result of which on the chart H4 moving average 10 crossed from the top the average 20 and both fast averages crossed from above 120 EMA what may be a signal of change in market sentiment in the medium term.
If in the near future will be a slight upward correction which while re-testing will reject area between the 10/20 EMA, then I will consider opening short positions with just two potential levels of profit (TP).
An additional confirmation supporting pro-downward scenario may also be present situation on the oscillator MACD, which indicates currently downward trend.
