Home arrow Forex Technical analysis arrow Observation on the AUDNZD
Observation on the AUDNZD PDF Print E-mail
The pair is overbought and has reached the 123.6% Fibonacci projection. The last move was a distinctive 5 wave impulsive. Some corrective phase should come soon with the 1.20-1.19 as obvious target. A move over the current price area should bring the pair to the next logic target: 1.28 and...

Posted originally: Wed, 11 Jun 2008 11:45:11 +0100

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