Why AUDNZD Could Surge 400 Pips From Here
AUDNZD – Aussie/Kiwi could continue to push higher
The AUDNZD has shown strength recently as we can see in the charts below. You will notice first on the monthly chart that an inside pin bar buy signal has formed from 1.0500 support following several months of consolidation. If bulls remain in control, we could see price continue to break higher from this setup and test 1.1085 resistance and potentially move up to 1.1200 – 1.1300 key resistance zone.
The AUDNZD has shown strength recently as we can see in the charts below. You will notice first on the monthly chart that an inside pin bar buy signal has formed from 1.0500 support following several months of consolidation. If bulls remain in control, we could see price continue to break higher from this setup and test 1.1085 resistance and potentially move up to 1.1200 – 1.1300 key resistance zone.