FX.co ★ AUD/NZD dropping perfectly, prepare to buy

Price dropped perfectly towards our profit target yesterday. Prepare to buy above major support at 1.0635 (Fibonacci retracement, Fibonacci projection, horizontal overlap support) for a push up to 1.0730.

RSI (34) is above our ascending support line where we expect a bounce from soon.

Stochastics (34,5,3) is above our 8% support where we expect a bounce from soon.

Buy above 1.0635. Stop loss at 1.0571. Take profit at 1.0730.