AUDNZD ANALYSIS JANUARY 2021

ANALYSIS 20-Jan-2021

Previous analysis valid.

CMP: 0.0829; SUP: 1.0668/1.0627; RES: 1.0841

As long as the above support levels hold, we can see 1.0841 again and further 1.051-1.0875, 1.0924, 1.0994.

Downside can be 1.0773-1.0747 which is good place for buy for the above targets.

ANALYSIS 16-Jan-2021

CMP: 1.0801; RES: 1.1043; SUP: 1.0627/1.0416

As long as 1.0627 holds support, we can see 1.0833-1.0871, 1.0894-1.0994.

If 1.1043 resists, we can see 1.0416 again and more down further.

AUDNZD: Bull? 28-Jan-2020

CMP: 1.0324; Sup: 1.0255; Res: 1.0865
If 1.0255 supports, we will see 1.0446-1.0480, 1.0534-1.0554, 1.0675-.0696...
Please check previous analysis for Long Term.

Positional Analysis:

https://ewavesjournal.blogspot.com/2020/01/audnzd-long-term-bull-18-jan-2020.html

AUDNZD: Long Term Bull 18-Jan-2020

CMP: 1.0394; Res: 1.0457
Res: 1.0864/1.3261; Sup: 1.0021

Based on Weekly Chart,
As long as 1.0313/1.0021 holds support we will see 1.0679-1.0905-1.1057 initially and further 1.1670-1.1894-1.2049, extensions 1.2283-1.2335-1.2376, 1.2661-1.2895...

Based on Hourly Chart,
Res: 1.0414/1.0457; Sup: 1.0313
As long as the above resistances hold, we can see 1.0367-1.0355-1.0338 before rise.
If 1.0313 holds support, a break of the upper trendline and a break of 1.0457, we will see positional targets as per weekly chart analysis.

Sellers SL 1.0414 for 1.0367-1.0338
Best buy between 1.0367-1.0338 with SL 1.0310/Max SL 1.0021 for 1.0457 initially.