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AUDNZD 20 April 2023 on the H4 timeframe, it can be seen that the pair is experiencing a bullish trend which is seen above the kumo cloud on the Ichimoku indicator. Even so, when referring to stochastic and RSI indicator shows there’s a possibility of a trend reversal caused by overbought. Therefore go-short can be an option. Stay alert to the volatility of the market and trade with your own risk.
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