FXCM

AUDNZD approaching resistance | 17th June 2021

Short
FX:AUDNZD   Australian Dollar / New Zealand Dollar
AUDNZD is approaching sell entry, in line with 50% Fibonacci retracement and 78.6% Fibonacci extension, where we could see a reversal and downside towards Take Profit, in line with 61.8% Fibonacci extension and horizontal swing low support. MACD and moving average are showing signs of bearish pressure as well.

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