FxPro - Analytics

FxPro

717.75 6.25/10
90% of positive reviews
Real

AUDNZD Wave Analysis – 14 February, 2019

AUDNZD Wave Analysis – 14 February, 2019
  • AUDNZD broke key support level 1.0400
  • Further losses are likely

AUDNZD today broke through the key support level 1.0400 (which stopped the A-wave of the active ABC correction (2) from the middle of January).

The breakout of the support level 1.0400 should accelerate wave C of the active ABC correction (2) from the middle of January.

AUDNZD is expected to fall further and re-test the next support level 1.0300 (target price for the completion of the active impulse wave C).

1550156943

Source: FxPro


To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree