AUDNZD approaching resistance, potential drop!
AUDNZD is approaching our first resistance at 1.0949 (100% Fibonacci extension , 76.4% Fibonacci retracement , horizontal swing high resistance) where price might drop to its support at 1.0843 (61.8% Fibonacci extension , 50% Fibonacci retracement , horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (55, 5, 3) is approaching its resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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