Get started
Traders-Club

AUDNZD: strong support level

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
Traders-Club Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Support and Resistance Fibonacci Trend Lines Forex tradingtips audusdlong tradingstrategies Contains image
11
2
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.


If you find it useful, like, follow, share!
Good trading!
Trade active:
After a false breakout, the price formed a double bottom and started moving upwards towards the next resistance levels.
snapshot

Related Ideas

Traders-Club
GBPUSD: head and shoulders pattern
Traders-Club
EURUSD: Strong Support, Breakout and Potential
Traders-Club
GBP/USD: Bullish Trend Continues
Traders-Club
GBP/CHF: Breakout from the Range or Another Upswing?
Traders-Club
Gold: Long-Term Upward Momentum
Traders-Club
USDJPY: Strong Support and Upward Trend
Traders-Club
Bitcoin: range-bound, scenarios
Traders-Club
AUDUSD: bullish momentum
Traders-Club
EURUSD: before breakout
Traders-Club
GBPUSD: upward trend continuation
Traders-Club
CADCHF: descending channel
Traders-Club
EURCHF: Descending channel
Traders-Club
EURAUD - Strong support level
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.