AUD/NZD bears looking for a break of critical daily dynamic support. A meaningful Fbo retracement has been met. While the price remains stuck in a tight range, and with little on the table in terms of a catalyst, we do have a dynamic trendline that poses risks to the downside on a break thereof as follows: Daily chart The daily 21 EMA and support structure is important at this juncture which potentially opens risk to a considerable run to the downside within the broader sideways choppy range: Weekly 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 EUR/AUD Price analysis: Bulls cashing-in at critical supply zone FX Street 2 years AUD/NZD bears looking for a break of critical daily dynamic support. A meaningful Fbo retracement has been met. While the price remains stuck in a tight range, and with little on the table in terms of a catalyst, we do have a dynamic trendline that poses risks to the downside on a break thereof as follows: Daily chart The daily 21 EMA and support structure is important at this juncture which potentially opens risk to a considerable run to the downside within the broader sideways choppy range: Weekly chart 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.
