This is the most recent update from my post of AUD/NZD a few weeks ago. The chart shows a strong double bottom. We will keep this chart on our radar for continued buying if the resistance area of 1.10 is broke. At the moment price is above the long term 200 moving average (red line) and the 20 moving average (blue line) looks to be pushing higher. As we all know after a resistance area is broken that same area becomes a area of support. If buying continues, the AUD/NZD might end pretty strong wi…
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