The Australian dollar dropped sharply against the Kiwi, falling firmly below January and December lows. The consolidation under the 1.0400 area leaves the pair vulnerable to more losses over the next days. The next target to the downside could be seen at 1.0320; below a strong resistance is seen at 1.0235. A recovery back above 1.0420 would ease the negative tone. The two key levels to watch are 1.0550 (horizontal) and 1.0590 (downtrend line). A close above 1.0600 would strengthen the case for a recovery. AUD/NZD Daily chart AUD/NZD Overview: Today Last Price: 1.0387 Today Daily change: -0.0047 pips Today Daily change %: -0.45% Today Daily Open: 1.0434 Trends: Daily SMA20: 1.0519 Daily SMA50: 1.052 Daily SMA100: 1.0651 Daily SMA200: 1.0775 Levels: Previous Daily High: 1.0545 Previous Daily Low: 1.0396 Previous Weekly High: 1.0538 Previous Weekly Low: 1.0382 Previous Monthly High: 1.0671 Previous Monthly Low: 0.9631 Daily Fibonacci 38.2%: 1.0453 Daily Fibonacci 61.8%: 1.0488 Daily Pivot Point S1: 1.0372 Daily Pivot Point S2: 1.031 Daily Pivot Point S3: 1.0223 Daily Pivot Point R1: 1.052 Daily Pivot Point R2: 1.0607 Daily Pivot Point R3: 1.0669 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 WTI: Bulls taking back control to test the critical $54.50 resistance level, aiming for prior ascending wedge support FX Street 3 years The Australian dollar dropped sharply against the Kiwi, falling firmly below January and December lows. The consolidation under the 1.0400 area leaves the pair vulnerable to more losses over the next days. The next target to the downside could be seen at 1.0320; below a strong resistance is seen at 1.0235. A recovery back above 1.0420 would ease the negative tone. The two key levels to watch are 1.0550 (horizontal) and 1.0590 (downtrend line). A close above 1.0600 would strengthen the case for a recovery. AUD/NZD Daily chart AUD/NZD Overview: Today Last Price: 1.0387… 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.
