AUD/NZD broke support area

AUD/NZD broke support area

  • AUD/NZD broke support area
  • Next sell target - 1.0750

AUD/NZD today broke the support area lying between the key support level 1.0800 (which reversed the price twice in the last two weeks, as can be seen below), support trendline of the daily up channel from April and the 50% Fibonacci correction of the upward price impulse from May. AUD/NZD is expected to fall further toward the next sell target at the next support level 1.0750 (former resistance from May).

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