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AUDNZD approaching support, potential bounce!

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Dollar Australia / Dollar New Zealand (FX:AUDNZD)  
Tickmill Broker  
FX:AUDNZD   Dollar Australia / Dollar New Zealand
Harmonic Patterns Chart Patterns Trend Analysis AUDNZD aud NZD audnzdlong audnzdshort Forex forextrading forexsignals
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harmonicpatterns chartpattern trendanalysis audnzd aud nzd audnzdlong audnzdshort forex forextrading forexsignals
AUDNZD 0.38% is approaching its support at 1.0920 (76.4%, 50% & 38.2% Fibonacci retracement , horizontal overlap support) where we expect a strong bounce to occur, pushing price up to its resistance at 1.1043 (50% Fibonacci retracement , horizontal swing high resistance).
Stochastic (55, 5, 3) is testing its support at 6.1% where a corresponding bounce is expected.
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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