AUD/NZD reversed from support zone

AUD/NZD reversed from support zone

  • AUD/NZD reversed from support zone
  • Next buy target - 1.1050

 AUD/NZD recently reversed up with the daily Bullish Engulfing from the support zone lying at the intersection of the pivotal support level 1.0860 (which has been reversing the price from September), lower daily Bollinger Band and the 50% Fibonacci correction of the previous intermediate impulse wave (C) from the start of July. AUD/NZD is expected to rise toward the next buy target at the next resistance level 1.1050 (which reversed the previous wave (B)).

Similar

Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...

gbp

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

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

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