AUD/NZD keeps moving up

AUD/NZD keeps moving up

2019-11-11 • Updated

On H4 of AUD/NZD, the pair continues its upward movement. RSI indicator is in the overbought zone that is a signal of the soon reversal. However, before the pair turns around, it may test new highs. A break above 1.05016 will push the pair to 1.0511. The take profit target may be trailed to 1.0523 in the case of the strong bulls. 

AUDNZDH4.png

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