• AUDNZD broke support level 1.0755
• Likely to fall to support level 1.0700
AUDNZD under the bearish pressure after the earlier breakout of the key support level 1.0755 (which has been reversing the price from May).
The breakout of the support level 1.0755 accelerated the impulse wave (iii) of the medium-term downward impulse wave C from the middle of November.
AUDNZD can be expected to fall further toward the next support level 1.0700 (target for the completion of the active impulse wave (iii)).
The recent declines in US indices may have broken the bullish trend, indicated by technical…
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
This website uses cookies