– AUDNZD reversed from resistance zone
– Likely to fall to support level 1.1000
AUDNZD currency pair recently reversed down from resistance area located at the intersection of the resistance level 1.1145 (former top of the weekly impulse wave 1) and the upper weekly Bollinger Band.
This resistance area was further strengthened by the resistance trendline of the weekly up channel from the end of 2022.
Given the strength of the resistance level 1.1145 and other overbought weekly Stochastic, AUDNZD currency pair can be expected to fall to the next support level 1.1000.
- NZDUSD broke key support 0.5600 - Likely to fall to support level 0.5500 NZDUSD…
- EURCHF reversed from resistance zone - Likely to fall to support level 0.9350 EURCHF…
The Canadian dollar may strengthen as the extended rally in USDCAD loses momentum. A corrective…
Despite the decline in the cryptocurrency market, three coins - BNB, XRP, and TRON -…
- USDCAD reversed from resistance zone - Likely to fall to support level 1.4400 USDCAD…
- AUDCAD reversed from resistance level 0.8980 - Likely to fall to support level 0.8900…
This website uses cookies