AUDUSD approaching resistance, potential drop!
AUDNZD is approaching our first resistance at 0.7144 (horizontal overlap resistance, 100% fibonacci extension, 38.2% fibonacci retracement) and a strong drop might occur pushing price down to our major support at 0.7056 (Horizontal swing low support, 61.8% fibonacci extension, 76.4% fibonacci retracement).
Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price.
Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.