AUDNZD is approaching our first resistance at 1.0411 (61.8% Fibonacci retracement , 100% Fibonacci extension , horizontal pullback resistance) where we might see a drop in price to our first support at 1.0376 (61.8% Fibonacci retracement ,horizontal swing low support ).
Ichimoku cloud is showing bearish cloud and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Ichimoku cloud is showing bearish cloud and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
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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.
Disclaimer
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.