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  • AUD/NZD is on bid near 1.0350 during early Monday.
  • In spite of registering gradual recovery since Wednesday, the quote couldn’t surpass 1.0360 horizontal-resistance nearing March 06 low and highs marked during March 08 and 11.
  • However, an upward sloping trend-line connecting Thursday and Friday’s low, at 1.0340, portrays the buyers’ power.
  • Should the quote manage to surpass 1.0360, it can quickly rush through 1.0380 in order to aim for 1.0400 resistance.
  • Also, sustained advances past-1.0400 may help pair to aim for 1.0420 and 1.0435 north-side numbers.
  • On the flipside, pair’s dip beneath 1.0340 support line can recall 1.0320 and 1.03000 levels on the chart whereas 1.0290 could challenge the sellers afterward.
  • In a case prices continue sliding under 1.0290, 61.8% Fibonacci expansion of its moves from March 05 to 14, at 1.0270, can please bears.

AUD/NZD hourly chart

Additional important levels:

Overview:
       Today Last Price:  1.0352
       Today Daily change: 1  pips
       Today Daily change %:  0.01%
       Today Daily Open:  1.0351
Trends:
       Daily SMA20:  1.0393
       Daily SMA50:  1.0473
       Daily SMA100:  1.0542
       Daily SMA200:  1.0722
Levels:
       Previous Daily High:  1.0361
       Previous Daily Low:  1.0325
       Previous Weekly High:  1.0363
       Previous Weekly Low:  1.0293
       Previous Monthly High:  1.0551
       Previous Monthly Low:  1.0362
       Daily Fibonacci 38.2%:  1.0339
       Daily Fibonacci 61.8%:  1.0347
       Daily Pivot Point S1:  1.0331
       Daily Pivot Point S2:  1.031
       Daily Pivot Point S3:  1.0295
       Daily Pivot Point R1:  1.0367
       Daily Pivot Point R2:  1.0382
       Daily Pivot Point R3:  1.0402