• AUDNZD reversed from resistance level 1.1165
• Likely to fall to support level 1.1100
AUDNZD currency pair is currently testing the resistance level 1.1165 (which has been steadily reversing the price from the start of June), strengthened by the upper daily Bollinger Band.
The downward reversal from the resistance level 1.1165 will stop the previous short-term upward correction 2.
Given the strength of the resistance level 1.1165 and the overbought reading on the daily Stochastic indicator, AUDNZD currency can be expected to fall further toward the next support level 1.1100.
- 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