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AUD/USD Forecast: Selling Opportunity At 7090/99

Published 03/18/2019, 05:48 AM
Updated 07/09/2023, 06:31 AM
AUD/USD
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NZD/USD
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AUD/USD NZD/USD Daily Forecast - March 18, 2019

AUDUSD _ NZDUSD

There is a AUD/USD selling opportunity at 7090/99 today with stops above 7120. A break higher however targets 7160.

Minor support at 7050/40 but below here tests 2-month trend line support at 7010/05. Stop below 6995 for a move towards minor support at 6955/50.

NZD/USD try shorts at 6865/70 with stops above 6880. A break higher targets 6905, perhaps as far as strong resistance at 6915/19.

First support at 6830/20 held perfectly but below 6805 targets 6780 then a buying opportunity at 6740/35, with stops below 6725. A break below the February low at 6718 is a sell signal.

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