Watching AUD/NZD for Clear Movements

5 Mar 2023

We may witness sideways movements of the AUD/NZD pair within the range of 1.08962 and 1.08584, and it could potentially form a reversal pattern such as double tops or head and shoulders before continuing downward towards the level of 1.0800. If the level of 1.08500 is breached downwards, the price could reach there quickly. Conversely, if the price breaks above the level of 1.09070, it could completely reverse upwards. We will monitor the behavior of this pair this week and try to benefit from any clear movement.

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7 Mar 2023

İşlem kapandı: hedefe ulaştı

Exactly as Analyzed, After Moving sideways for some time, it finally broke 1.08500, and price reach the target fast,