AUD/NZD broke key support level 1.0320
- AUD/NZD broke key support level 1.0320
- Next sell target - 1.0200
AUD/NZD today broke below the key support level 1.0320 (which stopped the previous intermediate impulse wave (1) at the start of July, as can be seen below). The breakout of the support level 1.0320 is expected to further accelerate the active minor impulse wave 3, which belongs to the intermediate downward impulse (3) of the primary impulse wave ③ from the middle of March.
AUD/NZD is expected to fall down further to the next sell target at the support level 1.0200 (target price calculated for the termination of the active minor impulse wave 3).