AUDNZD approaching reistance, potential drop!

Price is approaching our first resistance (horizontal overlap resistance, 38.2% Fibonacci retracement, 61.8% fibonacci extension) where a strong drop to our support (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic is also approaching resistance.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.


audAUDNZDaudnzdlongaudnzdshortChart PatternsHarmonic PatternsNZDTrend Analysis

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