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AUD/NZD - Fibo break shows positive sign

Doji in Asia - open above 1.0479, 38.2% of 2015 fall a positive 5, 10 & 20 dma's base - momentum studies move higher - positive setup Targets 1.0540, 50% of 2015 fall then 1.0600 61.8% retracement Initial support/resista…

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AUD/NZD - Fibo break shows positive sign
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  • Doji in Asia - open above 1.0479, 38.2% of 2015 fall a positive

  • 5, 10 & 20 dma's base - momentum studies move higher - positive setup

  • Targets 1.0540, 50% of 2015 fall then 1.0600 61.8% retracement

  • Initial support/resistance are 1.0463 rising 5 dma & yesterday's 1.0522 high

 

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