AUD/NZD longs are pulling the plug and have been doing so since breaking the first key support line mid-Feb at 1.0434. AUD/NZD has taken a bearish turn and the trend lines have tracked the lower highs, putting the 1.03 handle under pressure. Bulls need to get back above the 23.6% Fibo at 1.0454 to alleviate immediate pressure and above the 38.2% at 1.0450. The key upside target is the 50% Fibo in the 1.0740s. AUD/NZD daily chart Fibos FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Prolonged Brexit uncertainty will damage the UK housing market – RICS FX Street 4 years AUD/NZD longs are pulling the plug and have been doing so since breaking the first key support line mid-Feb at 1.0434. AUD/NZD has taken a bearish turn and the trend lines have tracked the lower highs, putting the 1.03 handle under pressure. Bulls need to get back above the 23.6% Fibo at 1.0454 to alleviate immediate pressure and above the 38.2% at 1.0450. The key upside target is the 50% Fibo in the 1.0740s. AUD/NZD daily chart Fibos Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
