Zooming out a bit we're seeing another range, inside which the range above can be placed. In fact the AUD/NZD has been congested since the start of 2014. A situation of two years lack of trends is not an easy thing to overcome. Thus I'm placing my forecast at 1.0653, close to the current price.
Zooming out a bit we're seeing another range, inside which the range above can be placed. In fact the AUD/NZD has been congested since the start of 2014. A situation of two years lack of trends is not an easy thing to overcome. Thus I'm placing my forecast at 1.0653, close to the current price.