AUD/NZD broke strong resistance level 1.1020

AUD/NZD broke strong resistance level 1.1020

  • AUD/NZD broke strong resistance level 1.1020
  • Next buy target - 1.1150

AUD/NZD today broke sharply above the strong resistance level 1.1020 (which stopped and reversed the sharp uptrend in March and which was set as the buy target in our earlier forecast for this currency pair). The breakout of the resistance level 1.1020 accelerated the active minor impulse wave (iii) – which belongs to the impulse wave 3 of the intermediate impulse (3) from June. AUD/NZD is expected to rise to next buy target at the next resistance level 1.1150.

Similar

EUR/NZD targeting the demand zone at 1.7015

The pair has been trading in a bullish tone since November 9th but currently it’s off from November 17th highs and we can expect that it finds dynamic support in the 200 SMA…

Popular

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later