• AUDNZD broke support area
• Likely to fall to 1.0600
AUDNZD continues to fall after the earlier breakout of the support area lying between the key support level 1.0675 (which reversed the price in July) and the 38.2% Fibonacci correction of the upward impulse from March.
The breakout of this support area accelerated the active short-term downward impulse wave C.
AUDNZD is likely to fall further toward the next support level 1.0600 (former strong support from May and June).
This week, we’re tracking the US Dollar’s powerful climb following Trump's victory, hitting a crucial…
Next week, several countries including Canada, the UK, and Japan will release their estimates of…
Investors have been selling off gold, with this week's drop being the largest in three…
The Hang Seng Index has fallen 20% from its peak, marking the start of a…
The S&P500 reached the 6000 mark but faced resistance due to fatigue and dollar appreciation.…
The crypto market has continued to cool down for the third day, with a 1.7%…
This website uses cookies