
AUD/USD has been trying to break higher for an extended period but without any chance. From April until today, all rallies’ attempts have faded as shown on the daily chart.
2019-11-11 • Updated
AUD/NZD continues to fall inside the minor correction 2, which previously broke the support trendline of the daily up channel from the middle of April. The breakout of this up channel should accelerated the active wave 2 – which started earlier from the resistance area lying between the resistance level 1.0950 and the resistance trendline of the daily up channel from April. AUD/NZD is expected to fall further toward the next sell target at the next support level 1.0650.
AUD/USD has been trying to break higher for an extended period but without any chance. From April until today, all rallies’ attempts have faded as shown on the daily chart.
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