AudNzd:Will It Hold Or Will It Go?

Comments on the chart

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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

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

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Still hugging the support line. Momentum has died for now

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