AUDNZD Reversed Nicely Off Its Resistance
Price is testing its resistance at 1.0663 (100% Fibonacci extension, 50% Fibonacci retracement, 23.6% Fibonacci retracement, horizontal overlap resistance) where it could react off it, pushing it all the way down to its support at 1.0605 (61.8% Fibonacci extension, 38.2% Fibonacci retracement). If it breaks past this level, it could fall to its next support at 1.0551 (100% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (89, 5, 3) is testing its resistance at 95% where we expect to see a corresponding reaction.
Stochastic (89, 5, 3) is testing its resistance at 95% where we expect to see a corresponding reaction.
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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.