AUDNZD 08-17/08/2018

AUDNZD 08-17/08/2018


Technical Analysis:

Pair in extremely strong resistance areas Actress:
1. Very strong resistance levels between 61.8-78.6 Fibonacci
2. Strong buying signals at Stochastic , RSI and CCI support levels
3. The harmonic pattern (bat) with the formation of D1-D2 from BC             0.58% 3.43% leg between 1.61-2.61
4. Sells a list of current resistance R1 at 61.8 Fibonacci levels
5. We note strongly during the week that the price fluctuated at these levels and try to break the resistance but here it proves its strength at 61.8 Fibonacci levels and the price is stronger every time the price rebounds
6-Stop here according to another harmonic pattern at the D2 point of the Bat model. The other sell may be Fibonacci levels of 78.6