AUDNZD approaching resistance, potential drop!

2018년 3월 27일

AUDNZD is approaching our first resistance at 1.0627 (23.6%, 38.2% Fibonacci retracement, horizontal overlap resistance, 100% Fibonacci extension). A strong reaction might occur at this level pushing price down to our major support level at 1.0516 (61.8%, 100% Fibonacci extension, Elliot wave structure). A breakout of our intermediate support at 1.0586 (horizontal swing low support) might provide the bearish acceleration to our major support level. Price is also testing the Ichimoku cloud and it is showing bearish pressure.

Stochastic (21,5,3) is also testing its major resistance at 93%, a good precursor of a potential drop in price should it react off this level.

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2018년 3월 28일

액티브 트레이드

well on its way!!