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AUD/NZD is aiming higher within the broad range despite the announcement from Reserve Bank of New Zealand's governor Orr at the beginning of the month (September 2020) that the central bank is ready to deliver more stimulus. Presently, the pair is trading above the Breakout of the Bearish Trendline hereby closing the last week above the Demand zone @ 1.09200 ...
AUD/NZD price has today returned to a significant technical zone - the upper boundary of the weekly descending trend channel that has kept price in check for the past six years. Price broke to the upside from this channel in Early-August, which may signify a reversal in overall trend. However, price has performed breaks to the upside previously, only to then...
AUDNZD broke the up channel. The price confirms that it is bearish at 1.745.
Pattern: Channel Down since late 2017. Signal: Bearish as 1) the price was rejected on the Lower High trend-line of the pattern, 2) the MACD made a bearish cross, 3) the rejection took place around the 0.786 Fibonacci. Target: 1.0200 and 1.000 if you want to take higher risk. ** Please support this idea with your likes and comments, it is the best way to keep...
Pattern: Descending Triangle on 1M. Signal: Bullish as the price is near the 1.02410 Support from September 2016. Target: 1.0650 (the 0.618 Fibonacci retracement, which is where the Lower High of the Descending Triangle was made last time). * Previous successful Sell Signal:
Pattern: 1M Descending Triangle. Signal: Bearish as the price broke below the D MA50 on a strong candle. Target: 1.03300 (just above the 1M Support).
AUDNZD shows that over sold situation in bollinger bands which is a bullish movement and middle bollinger band is crossing top of 50EMA also shows us a bullish movement. RSI line also shows us whenever the price was hit 33.37 level and move to upwards. So all of these confirmation AUDNZD is better for buy option for certain period time or pips. TP's & SL is up...
Pattern: Rectangle on 1W. Signal: Bearish as the price is near the 1W Resistance. Target: 1.04500 (primary) and 1.03500 (extension). Previous signal on the same pattern:
Pattern: Channel Down on 1D. Signal: Bullish as the Channel Down broke upwards following a rebound on the 1D Support. Target: 1.07000 (just below the 1D Resistance).