AUDNZD reversed off its resistance at 1.0414 (100% Fibonacci extension ,61.8% Fibonacci retracement , horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 1.0370 (61.8% Fiboancci retracement, horizontal swing low support).
Ichimoku cloud is also showing a bearish cloud where a corresponding drop is expected.
Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Ichimoku cloud is also showing a bearish cloud where a corresponding drop is expected.
Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks