AUDNZD Tested Resistance, Prepare For A Drop!
AUDNZD reversed nicely off its resistance at 1.0890 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where price could drop to its support at 1.0777 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reaction could occur.
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reaction could occur.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.