𝗔𝗨𝗗/𝗡𝗭𝗗 𝗪𝗲𝗲𝗸𝗹𝘆 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 Australian vs New Zealand DollarPEPPERSTONE:AUDNZDShaboS𝗔𝗨𝗗/𝗡𝗭𝗗 𝗪𝗲𝗲𝗸𝗹𝘆 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 | 𝗔𝘂𝗴𝘂𝘀𝘁 𝟭𝟬–𝟭𝟰, 𝟮𝟬𝟮𝟲 Let’s take a look at this **exotic currency pair**, especially at the price action of the last two weeks. The current price is trading in a **Discount area** of the recent range, and the overall structure remains bearish. I am therefore also **bearish on AUD/NZD for the coming days**. However, I would not want to short the market from its current location. For a short setup, I want to see price move into a **Premium area above equilibrium** first. One area immediately catches my attention: An **H4 Fair Value Gap (FVG)** sits within the **OTE zone**. Inside this area, we also have **Buyside Liquidity**, represented by **nearly equal highs**. My preferred scenario would therefore be: **Price moves higher → raids the Buyside Liquidity → enters the H4 FVG / OTE → shows a bearish MSS.** If the market stops out the short sellers above those equal highs and then confirms a **Market Structure Shift (MSS)**, the **August 3 low** could become the next potential **Draw on Liquidity**. 𝗠𝘆 𝗯𝗶𝗮𝘀: **𝗕𝗲𝗮𝗿𝗶𝘀𝗵** But I am not interested in chasing price at a discount. **𝗟𝗲𝘁 𝗽𝗿𝗶𝗰𝗲 𝗰𝗼𝗺𝗲 𝘁𝗼 𝗺𝘆 𝗮𝗿𝗲𝗮. 𝗧𝗵𝗲𝗻 𝗹𝗲𝘁 𝘁𝗵𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗰𝗼𝗻𝗳𝗶𝗿𝗺 𝘁𝗵𝗲 𝘁𝗿𝗮𝗱𝗲.** **𝗡𝗼 𝗿𝗮𝗶𝗱, 𝗻𝗼 𝘁𝗿𝗮𝗱𝗲.** *Disclaimer: This content is for educational and informational purposes only and does not constitute financial or investment advice. Trading financial markets involves substantial risk, and past performance is not indicative of future results. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Always conduct your own research and consider your individual risk tolerance before making any trading decisions.*