Kiwi recovers strength after Aussie fails around 1.0700. AUD/NZD remains bearish, under 1.0650, could drop back to 1.0560. The AUD/NZD is falling on Tuesday, after testing many days the 1.0700 area. The Aussie failed to rise above, leaving the cross vulnerable to the downside. The decline so far found support at the 1.0650 zone; a break lower should expose 1.0600. The next strong support stands at 1.0560. A weekly close under 1.0580 should add more bearish pressure. A daily close clearly above 1.0700 would negate the bearish bias, opening the doors to more gains. The next target is seen in the 1.0800 zone. AUD/NZD daily 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/USD touches new 10-day highs above 0.7620 FX Street 1 year Kiwi recovers strength after Aussie fails around 1.0700. AUD/NZD remains bearish, under 1.0650, could drop back to 1.0560. The AUD/NZD is falling on Tuesday, after testing many days the 1.0700 area. The Aussie failed to rise above, leaving the cross vulnerable to the downside. The decline so far found support at the 1.0650 zone; a break lower should expose 1.0600. The next strong support stands at 1.0560. A weekly close under 1.0580 should add more bearish pressure. A daily close clearly above 1.0700 would negate the bearish bias, opening the doors to more gains. The next target is seen in… 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.
