AUD/NZD: is it time for a correction?

Baca artikel ini di laman web FBS

Trade idea

SELL 1.0670; TP 1.0620; SL 1.0690

AUD/NZD experienced an impressive rally since the end of March. This week the currency pair ran into the resistance of the 50-week MA (1.0700) and 50% Fibo of the August-March decline. The possibility of a short-term correction down is high. Selling is possible below the 200-day MA (1.0675) with a target at the next Fibo level of 1.0620.

A break above 1.0755 (200- and 100-week MAs) is needed to open the way up to 1.0830 (61.8% Fibo).

AUDNZD.png

FBS Analyst Team

Kongsi dengan rakan anda:

Serupa

Berita terkini

Pembukaan segera

FBS menyimpan rekod data anda untuk mengoperasikan laman web ini. Dengan menekan butang "Terima", anda menyetujui Polisi Privasi kami.