AUD/USD And NZD/USD Daily Forecast For Dec. 17, 2018
Jason Sen | Dec 17, 2018 07:50AM ET
AUD/USD outlook negative & holding below 7185/90 targets 7173/70 then 7155/50. On further losses look for 11 month trend line support at 7120/10, stops below 7100.
Above 7190 meets stronger resistance at 7205/15. Stops above 7225. Try shorts at 7245/50 with stops above 7265.
NZD/USD could hold first resistance at 6820/30 but above here try shorts at 6865/70 with stops above 6890.
Outlook negative & holding below 6800 targets 6765/55 then strong support at 6710/00.
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.