AUDNZD reversal from top of range - short-term

Pair created a bear pinbar on top of range traced back to beginning of March. Setup two trades aiming at trendline resistance coming from outside range (OSR) and a second aiming at bottom of range.

In this particular case, thread carefully as last daily bar was extremely strong. Very small position, I will personally only open one small position and check back at how markets react.

Order storniert:

Pair rose closed above range and is as we speak retesting previous resistance as new support. Idea is invalidated.