Get started
easyMarkets

AUDNZD approaching reistance, potential drop!

Short
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
easyMarkets Broker  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Harmonic Patterns Chart Patterns AUDNZD aud NZD audnzdlong audnzdshort
43
1
trendanalysis harmonicpatterns chartpattern audnzd aud nzd audnzdlong audnzdshort
Price is approaching our first resistance (horizontal overlap resistance, 38.2% Fibonacci retracement, 61.8% fibonacci extension) where a strong drop to our support (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic is also approaching resistance.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.


Come join us today at : www.easymarkets.com/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.