usera9
Short

The pair is still in bearish mode for the moment

FX:AUDNZD   Australian Dollar/New Zealand Dollar
102 1 0
Friday candle closed below res.
The mkt has tried to recover but the new res has capped the move for now.
But price is sitting at 61.8 fib level and could develop another bull attempt in the near term.
Considering from a bigger perspective (big box range), a possible down move to the next res levels are the most likely scenario..

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usera9
2 years ago
Please replace the above last sentence with:

"Considering from a bigger perspective (big box range), a possible down move to the next SUPPORT levels are the most likely scenario.."
Sorry!
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