AUDNZD Bounced Nicely Off Its Support
AUDNZD bounced nicely off its support at 1.0818 (50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support) where price could rise to its resistance at 1.0940 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) shows a corresponding bounce off its support at 4.7%. We have also identified a bullish divergence with price which contributes to our bullish bias.
Stochastic (55, 5, 3) shows a corresponding bounce off its support at 4.7%. We have also identified a bullish divergence with price which contributes to our bullish bias.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.