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AUDNZD Approaching Resistance, Potential For A Reversal!

Oleh ICmarkets
Broker
AUDNZD is approaching its resistance at 1.0776 (61.8% Fibonacci retracement, 100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where a reversal could occur, causing price to fall to its support at 1.0717 (50% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reaction could occur.
audAUDNZDaudnzdshortChart PatternsForexforexsignalsHarmonic PatternsNZDTrend Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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