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AUDNZD Weekly Technical Analysis | December 28, 2014



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AUDNZD broke its multi year's low. It is staying below this support area at 1.0470. If this pair can able to stay below this support, we can see rapid fall on this pair. This is full on downward momemtum. So we can take sell entry from this level and target will be 1.0350 area.



Weekly Pivot, Support and Resistance


Resistance Two (R2): 1.0591

Resistance One (R1): 1.0524

Pivot Point: 1.0486

Support One (S1): 1.0419

Support Two (S2): 1.0381


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