AUDNZD Testing Resistance, Potential For Reversal
AUDNZD is testing its resistance at 1.0876 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where a reversal to its support at 1.0830 (61.8% Fibonacci retracement) could occur.
Stochastic (55, 5, 3) has reversed off near its resistance at 93% where a corresponding drop could occur.
Stochastic (55, 5, 3) has reversed off near its resistance at 93% where a corresponding drop could occur.
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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.