Korora
Long

AUDNZD above major support, prepare to buy

FX:AUDNZD   Australian Dollar / New Zealand Dollar
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We look to buy above major support at 1.0491 (ibonacci retracement, Fibonacci extension , long term horizontal support) for a push up to at least 1.0606 resistance ( Fibonacci retracement , horizontal pullback resistance).

Stochastic (34,5,3) is seeing strong support above 1.9% and has also made a recent bullish exit signalling that a change in momentum is starting to take shape for our bullish rise in price.

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