AUD/NZD is trying to reach the resistance

AUD/NZD is trying to reach the resistance

2019-11-11 • Updated

On H4 of AUD/NZD, the pair has been moving to the resistance at 1.0538. The level is strong as before it caused a pullback several times. If bulls are able to push the pair above this level, we can anticipate a further increase towards 1.0558. In the case of the rebound, we will see a decline to 1.0512. The next level to watch is 1.0489. 

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