Audnzdforecast
AUDNZD potential bounce!
AUDNZD expected to reverse up to 1st support at 1.04866 where it could potentially react and bounce to its resistance at 1st resistance at 1.05317.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDNZD is going 1.066 and 1.08 again! BuyAUDNZD is going 1.066 and 1.08 again! Buy
I have posted my buy setup a while ago to buy from 1.037 with stop 1.03 and it tested my stop and made double bottom and up..
So now it tested neckline of double bottom and again tested support of 1.04.. So yesterday it tested neckline support of double bottom 1.0465 and came down but daily 20 ema and 1.04 is giving it support!!! So a move towards 1.066 broken double bottm to test it is very likely and it can even go above 1.08 as well..
There are 2 options to use stop.. 1 stop is under 1.04 and second at 1.03 and go for ride high!!!
AUDNZD approaching resistance, look out for potential reversal!
AUDNZD is approaching its resistance at 1.04674 where it is could reverse down to its support at 1.04277.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
audnzd tested .50 fibwith a strong AUD on the mind, we see that this pair tested the 1.0400 level which aligns with the Fibonacci level. we had last night the NZD news. like you know, AUD and NZD are moving similar to each other. I expect (with some retracements), that the price will come back to the targeted zone.
AUDNZD approaching support, potential for a bounce!
AUDNZD is expected to drop to 1st support at 1.03849 where it could potentially react off and up to 1st resistance at 1.04097.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDNZD Long Or Short ?AUDNZD Long Or Short ?
This all depends on how we break and retest the 25% fib areas hover over the blue icons to see the instructions guys as always move is for a 30 pip move.
Let's see how the markets open up for us later on.
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Trading Pathways Analysis of AUDNZD H4 Chart
The outlined white arrow pathway is the predicted pathway that the AUDNZD will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where AUDNZD will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways