AUD/NZD reacted perfectly from our resistance, remain bearish
Price reacted perfectly from our major resistance at 1.0596 (Fibonacci retracement, horizontal resistance) where we expect a continued drop towards at least 1.0477 (Fibonacci retracement, horizontal overlap support). Stochastic (21,5,3) has reacted perfectly off major resistance from our 94% level and still has good downside potential. RSI (34) is also seeing major resistance from the […]