AUDNZD: strong support level

Updated
The AUDNZD reached a significant support level that corresponds to the Fibonacci 0.618 level. The price reacted to this level, so I anticipate it will resume its upward movement towards higher levels.


If you find it useful, like, follow, share!
Good trading!
Trade active
After a false breakout, the price formed a double bottom and started moving upwards towards the next resistance levels.
snapshot
audusdlongFibonacciForexSupport and ResistancetradingstrategiestradingtipsTrend Lines

Also on:

Related publications

Disclaimer