Audnzdanalysis
AUDNZD potential bounce!
AUDNZD expected to reverse up to 1st support at 1.04866 where it could potentially react and bounce to its resistance at 1st resistance at 1.05317.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDNZD approaching resistance, look out for potential reversal!
AUDNZD is approaching its resistance at 1.04674 where it is could reverse down to its support at 1.04277.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
audnzd tested .50 fibwith a strong AUD on the mind, we see that this pair tested the 1.0400 level which aligns with the Fibonacci level. we had last night the NZD news. like you know, AUD and NZD are moving similar to each other. I expect (with some retracements), that the price will come back to the targeted zone.
AUDNZD approaching support, potential for a bounce!
AUDNZD is expected to drop to 1st support at 1.03849 where it could potentially react off and up to 1st resistance at 1.04097.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Trading Pathways Analysis of AUDNZD H4 Chart
The outlined white arrow pathway is the predicted pathway that the AUDNZD will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where AUDNZD will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways