Australian to New Zealand dollar daily chart shows that, cross approached important and long-term resistance zone. We are in the middle of ongoing, strong upward trend, which will probably defeat this barieer, however in such place we may witness a corrective movement.
Yesterday candle left rather long wick, which violated this zone. Today’s candle also leaves such shadow, which may indicate that supply is more active than demand. It is worth to consider buying PUT option (DOWN). Open TopOption account now and become binary options trader!
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