AUD/NZD is currently testing the new support level after crossing the previous resistance level around the 1.09602 price. 20 EMA is also indicating a strong trend signal, so to follow the trend is always a good idea. Next resistance could be around 1.10729 price.
Note
Break through the resistance line with 3 strong candles, awaiting the re-test.
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.
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.