EUR/USD has violated the pivot point and stands next to the resistance area 1.1680
AUD/NZD rising inside accelerated impulse wave (3)
2019-11-11 • Updated
- AUD/NZD rising inside accelerated impulse wave (3)
- Next buy target - 1.1050
AUD/NZD continues to rise inside the accelerated impulse wave (3), which previously broke through the resistance zone lying between the resistance level 1.0830 (top of wave 2 from February) and the resistance trendline of the daily down channel from October. The breakout of this resistance zone accelerated the active impulse wave (3). AUD/NZD is expected to rise further toward the next buy target at the next resistance level 1.1050.
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