Instrument: AUD-NZD
Main Outlook: Bullish.
Forecast Timeframe: 2 to 3 weeks.
Summary.
The cross is developing a bearish structure that has reached the level of Fibonacci retracement F(61.8) 1.07181, from where we turn on alerts of the possible formation of a reversal pattern that could lead to new highs. Our objective level is 1.1363 and in the longer term the levels 1.17 and finally 1.21. The invalidation level is 1.0222.
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