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FX.co ★ AUD/NZD bullish above strong support

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Forex Analysis:::2017-01-26T13:37:20

AUD/NZD bullish above strong support

We turn bullish one last time above 1.0356 support (Fibonacci projection, major swing low support, bullish candlestick reversal) for a push up to 1.0426 (Fibonacci retracement, recent swing high resistance).

RSI (34) is seeing strong support above 31%.

Stochastic (21,5,3,) is bouncing above support at 6%.

Buy above 1.0356. Stop loss at 1.0337. Take profit at 1.0426.

AUD/NZD bullish above strong support

Analyst InstaForex
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