AUDNZD recently reversed up from the support area lying between the key support level 1.0510 (monthly low from May) and the upper daily Bollinger Band.
The upward reversal from this support area completed the previous ABC correction 2 from the middle of April.
AUDNZD is expected to rise further and retest the next key resistance level 1.0630 (top of the previous wave (b) from the end of May).
- S&P 500 reversed from support level 5000.00 - Likely to rise to resistance level…
- USDCHF reversed from support zone - Likely to rise to resistance level 0.9200 USDCHF…
The single currency is trading near $1.076, waiting for further cues and facing serious resistance…
Market picture The crypto market capitalisation fell by 1.7% in 24 hours to $2.29 trillion,…
- USDJPY reversed from support zone - Likely to rise to resistance level 155.65 USDJPY…
- Gold reversed from support zone - Likely to rise to resistance level 2400.00 Gold…
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