Weekly average price above Monthly
Resistance 1.09329 is now support1
Support 2 is 1.07745
A break below 1.077745 is bearish trend(red arrow)
AUDNZD could close 3days in row above 1.9 support zone
Many technicians will recognise this as a potential trend reversal to the upside.
Fibonacci enthusiasts may also acknowledge that the dynamic value, which may...
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As we can see that the pair broke its rising wedge and started falling down. One can take a sell signal.
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