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AUDNZD in tough spot - important levels to watch
AUDNZD
, D
Long
AUDNZD: AUDNZD in tough spot - important levels to watch

The pair was supported in 1.03200 area, where we can find a strong demand zone. Even though upside move is expected since the AUDNZD 0.15% is oversold, we can see a major support line becoming resistance all the way back from December 2005 lows. On the other side, many support lines and fibos are covering our last bounce area, so if the pair should continue and...

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