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AUDNZD Wave Analysis – 09 April, 2019

AUDNZD Wave Analysis – 09 April, 2019

 
  • AUDNZD rising steadily
  • Likely to rise to 1.0500

AUDNZD has been rising steadily in the last few trading sessions in the short-term correction (ii), which started earlier from the middle March.

The pair previously broke the resistance level 1.0340 (intersecting with 38,2% Fibonacci retracement of the previous downward impulse from last November).

AUDNZD is likely to rise further toward the next round resistance level 1.0500 (former monthly high from February).

AUDNZD rising steadily Likely to rise to 1.0500


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