AUDNZD recently reversed down from the round resistance level 1.0300 (former strong support from 2019), intersecting with the 61,8% Fibonacci correction of the previous downward impulse from the start of March.
The downward reversal from this resistance area created the daily candlesticks reversal pattern Shooting Star.
Give the strength of the daily downtrend from last November – AUDNZD is likely to fall further toward the next support level 1.0200.
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies
