AUDNZD bounced off its support at 1.0841 (61.8%, 100%, 100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where it is expected to rise to its resistance at 1.0922 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) bounced off its supporty at 4.4% where a corresponding rise is expected.
AUD/NZD bounced off its support where we expect to see a further rise.
Buy above 1.0841. Stop loss 1.0785. Take profit at 1.0922.
.
.
.
.
.
.
.
.
#theforexarmy #forexsigns #forexsignals #forexfamily #forexgroup #forexhelp #forexcourse #forextrade #forexdaily #forexmoney #forexentourage #forextrading #forex #forexhelptrading #forexscalping #babypips #forexfactory #forexlife #forextrader #financialfreedom #daytrader #scalper #swingtrader #fx #currency #pips #technicalanalysis #forexmarket
The material has been provided by InstaForex Company - www.instaforex.com