The trend continues to favor aussie over kiwi, despite the recent correction. AUD/NZD critical short-term support at 1.0680 and 1.0620. The AUD/NZD pair reached on Monday at 1.0830 the highest level since November of last year. It then started a bearish correction that found support at 1.0700. Over the last two days, it had been moving sideways between 1.0700 and 1.0750. On the downside, below 1.0700, the correction will likely extend to 1.0680. If the slide continues next in line is 1.0620 (horizontal and uptrend line). A slide under 1.0620 would negate the bullish bias. The uptrend remains in place, but the AUD/NZD has run into a major resistance around 1.0830/50. A weekly close on top is needed to clear the way to more gains. AUD/NZD 4-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/JPY supported above 70.55, remains close to multi-month highs FX Street 2 years The trend continues to favor aussie over kiwi, despite the recent correction. AUD/NZD critical short-term support at 1.0680 and 1.0620. The AUD/NZD pair reached on Monday at 1.0830 the highest level since November of last year. It then started a bearish correction that found support at 1.0700. Over the last two days, it had been moving sideways between 1.0700 and 1.0750. On the downside, below 1.0700, the correction will likely extend to 1.0680. If the slide continues next in line is 1.0620 (horizontal and uptrend line). A slide under 1.0620 would negate the bullish bias. The uptrend remains in place,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.