澳元/紐元
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AUDNZD approaching resistance, potential drop!

AUDNZD is approaching our first resistance at 1.0857 (horizontal pullback resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur pushing price down to our major support at 1.0780 (horizontal overlap support, 76.4% Fibonacci retracement).
RSI (55) is also seeing a bearish exit and we might see a corresponding drop in price.
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Losses can exceed the initial investment so please ensure you fully understand the risks.

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