The downside trend for AUDNZD is doing great. Supply once again proved on Friday that it is in power. Significant support at 1.0570 was broken, and today we have seen return to this level which was tested this time from below, confirming the polarity reversal principle (broken support becomes a resistance).
Next supply targets are in the following order: 1.0500, 1.0440, 1.0390, 1.0330. The last of the levels is probably main goal of current downward movement. At 1.0330, we expect a strong demand response, including reversal of current downward trend.
Next supply targets are in the following order: 1.0500, 1.0440, 1.0390, 1.0330. The last of the levels is probably main goal of current downward movement. At 1.0330, we expect a strong demand response, including reversal of current downward trend.
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Sprawdź największy polski portal traderski - comparic.pl i dołącz do najbliższej edycji konferencji InvestCuffs! expo.investcuffs.pl. Do zobaczenia w Krakowie!
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.