AUDNZD has been in an upward trend for months. Now that it has broken the recent high, there are reasons to believe it will continue its trend and retesting the support zone it currently approaches. Using the Fibonacci tool it was determined that the support structure lines up well with key levels on the Fib tool. This also indicates that the support is a good level from which the start the continued move to the upside.
If you agree or disagree please share your opinion with me in the comments.
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If you agree or disagree please share your opinion with me in the comments.
Also, please follow for more ideas, Thanks!