– AUDNZD broke resistance level 1,0900
– Likely to rise to resistance level 1.1045
AUDNZD under the bullish pressure after the price broke above the pivotal resistance level 1,0900 (which has been reversing the price from the start of March).
The breakout of the resistance level 1,0900 was preceded by the breakout of the weekly Triangle from last September.
AUDNZD can be expected to rise further toward the next resistance level 1.1045 (top of the previous waves (B) and (1)).
- EURCAD reversed from pivotal support level 1.4900 - Likely to rise to resistance level…
- EURUSD reversed from support level 1.1030 - Likely to rise to resistance level 1.1200…
The unwinding of the carry trade in the FX market continues, with the major safe…
Market Picture The pressure on risk assets continues, pushing the crypto market capitalisation back below…
- AUDUSD reversed from support level 0.6700 - Likely to rise to resistance level 0.6800…
- Gold reversed from support level 2475.00 - Likely to rise to resistance level 2535.00…
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