AUD/NZD reversed from support zone

AUD/NZD reversed from support zone

2019-11-11 • Updated

  • AUD/NZD reversed from support zone
  • Next buy target - 1.0960          

AUD/NZD recently reversed up from the support zone lying between the strong support level 1.0860 (which has been reversing the price from the start of July), lower daily Bollinger Band and 38.2% Fibonacci correction of the upward impulse 1. AUD/NZD is expected rise further toward the next buy target at the next resistance level 1.0960 (which has been reversing the price from the end of May).

Similar

Aussie Selloff Ahead?
Aussie Selloff Ahead?

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.

Latest news

CAD: Markets Await GDP Release
CAD: Markets Await GDP Release

During the Asian session on Wednesday, the USD/CAD pair rebounded after two days of losses, reaching around 1.3590. This uptick is fueled by a stronger US dollar and lower crude oil prices, which put pressure on the Canadian dollar. The decline in Western Texas Intermediate (WTI) oil prices to approximately $80.70 is attributed to...

Deposit with your local payment systems

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera