ANZ Short Term (Daily) Chart Outlook

This is a short term outlook of ANZ where there is an established up trending channel as a pattern. Boundaries of the channel is marked with Red support ( Demand Line)  and resistance (Overbought Line) lines. Whether or not this channel remains intact is a million dollar question off course. If violated, each prior reaction low should be treated as a support. Single time frame with short term view (Days) is what this analysis is about.

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