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  • The pair continues to hold a bearish bias. The key resistance is the downtrend line currently at 1.0550/70. A break higher would invalidate the downside bias and would point to further gains for the Aussie.  
  • Over the last few days it has been consolidating around 1.0430. A daily close under 1.0400 would add more pressure to the downside exposing February lows at 1.0368.  
  • The next downside targets might be located at 1.0310/20 (July 2016 / January 2017 low) and 1.0280 (July 2017 low).  

AUD/NZD Daily Chart

AUD/NZD

AUD/NZD

Overview:
       Today Last Price:  1.043
       Today Daily change:  0.0008  pips
       Today Daily change %:  0.08%
       Today Daily Open:  1.0422
Trends:
       Daily SMA20:  1.0459
       Daily SMA50:  1.0503
       Daily SMA100:  1.0605
       Daily SMA200:  1.0755
Levels:
       Previous Daily High:  1.0436
       Previous Daily Low:  1.0388
       Previous Weekly High:  1.0491
       Previous Weekly Low:  1.038
       Previous Monthly High:  1.0671
       Previous Monthly Low:  0.9631
       Daily Fibonacci 38.2%:  1.0418
       Daily Fibonacci 61.8%:  1.0406
       Daily Pivot Point S1:  1.0395
       Daily Pivot Point S2:  1.0367
       Daily Pivot Point S3:  1.0347
       Daily Pivot Point R1:  1.0443
       Daily Pivot Point R2:  1.0463
       Daily Pivot Point R3:  1.0491