- 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
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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
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