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AUDNZD: strong support level

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Dollar Australia / Dollar New Zealand (FX:AUDNZD)  
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FX:AUDNZD   Dollar Australia / Dollar New Zealand
Support and Resistance Fibonacci Trend Lines Forex tradingtips audusdlong tradingstrategies Contains image
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supportandresistance fibonacci trendline forex tradingtips audusdlong tradingstrategies containsimage
The AUDNZD reached a significant support level that corresponds to the Fibonacci 0.618 level. The price reacted to this level, so I anticipate it will resume its upward movement towards higher levels.


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Trade aktif:
After a false breakout, the price formed a double bottom and started moving upwards towards the next resistance levels.
snapshot

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