FX:AUDNZD   Australian Dollar / New Zealand Dollar
AUDNZD             is still moving inside the descending channel .
And a sharp down happened just now.
Your patience is worthy.

Now we are waiting for TP1 TO HIT FIRST.

Less is more!
Web: http://www.channelabcsignal.com
Tele public channel: http://t.me/FuntraderVera
Facebook: http://www.facebook.com/channelabcsignal
Please Contact me personally via :
1.Wechat: ziyuvera
2.TELE:@VeraFuntrader (https://t.me/VeraFuntrader)
Nice identification of a descending channel on AUDNZD and there may be bearish bias as you have identified. For our set up, we have identified the key resistance and support levels. The resistance that we have identified is at 1.0761. There is a 61.8% Fibonacci extension and 38.2% Fibonacci retracement at this level. RSI is approaching its resistance where a corresponding reversal could occur. If a reversal does occur, we may want to look at the 1.0714 support level. It is a horizontal swing low support. Looking forward to seeing how things develop.

Please have a look at our idea and share with us what you think.


Reply
@ICmarkets, I think it too early to say that will be a reversal.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out