CapMoore

Daily study of Fib Extension Targets. 2nd wave Target 1,00

Short
FX:AUDNZD   Australian Dollar / New Zealand Dollar
1
Price has moved down in accordance with the first impulse.
First wave completed at 1,1214. Price then first corrected to
23,6 extension of first wave, then to the 50% fib extension
of second wave. Then a breach lower.
Possible resistance around 1,04 but target at 1,0062 or
approx. 1,00.
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