AUD/NZD remain bullish

We remain bullish above 1.0385 support (Fibonacci retracement, swing low support) for a push up to 1.0438 resistance (Fibonacci retracement, horizontal overlap resistance).

RSI (34) is bouncing above our 31% support level.

Stochastic (21,5,3) is bouncing above our 6% support level.

Buy above 1.0385. Stop loss at 1.0438. Take profit at 1.0352.

The material has been provided by InstaForex Company - www.instaforex.com